GBPJPY Might Start Downtrend

Risk Entry 15-25 Pips.

Entry with high risk because GBPJPY is still strong Uptrend on a higher timeframe. I might take this risk because Price might go to Maximum Pain Level (MPL) which have Bearish Engulfing on Weekly Timeframe. Big QM Pattern already created on higher timeframe as well.

Confirmation entry can wait until Price got rejected on the Supply Zone.
Chart PatternsTrend Analysis

Declinazione di responsabilità