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Foralex

GBP/JPY : H1 Short setup**

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Foralex  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Wave Analysis Technical Indicators GBPJPY short SELL accumulation Forex structure overbought
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trendanalysis waveanalysis indicator gbpjpy short sell accumulation forex structure overbought
Whats up guys !

Here is another good accumulation setup , this time on gbp/jpy .

- Fib 61.8 + 38.2
- Weekly pivot
- Structure following
- Strong daily trendlines
- Stochastic to be overbought in small time frame , and his still overbought in higher time frame .
- Retest of the moving average


Good luck !
GBP/JPY : Buy Entry (500Pips)
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