FX:GBPJPY   British Pound / Japanese Yen
Okay so, gbpjpy formed a W pattern on the daily chart and whenever such formation happens we want to see the prices to test the neckline of the W.

So, we will be looking for a short position if the rules of our strategies satisfied. I also suggest you to keep this pair on your watchlist and see if your rules satisfies...

Plus from COT data we want to see a downward move so this can be a good trade..

**4hr. is the best timeframe to enter any trade**

If you want any kind of help or support just pm me here....

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.