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GBPJPY SELL 140.43

Short
Sterlina / Yen giapponese (FX:GBPJPY)  
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FX:GBPJPY   Sterlina / Yen giapponese
Trend Analysis Chart Patterns Wave Analysis GBPJPY gbpjpyshort Technical Analysis pricebehaviour
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trendanalysis chartpattern waveanalysis gbpjpy gbpjpyshort technicalanalysis pricebehaviour
GBPJPY is currently printing another lower High, price on the daily chart has been in range for several days and we have seen a breakdown from smaller time-frames. Yesterday rally can be considered as a discount in price. First indication is 140.43 is an area of interest, this price level was sold yesterday and another failure to advance beyond this point with momentum will further increase the likelihood of a strong selloff.
ENTRY SHORT: 140.43
SL: 140.80
Target1: 138.63
Target2: 135.49
Trade attivo
Commento:
Price has failed the Structure and traded back below 140.43.
Sell or do nothing!
snapshot
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