FX:GBPJPY   British Pound / Japanese Yen
Description in chart


ill be placing my sell limit in 134.37, would that be possible? TP @ 125
In this scenario I would be looking for long set ups, therefore my entry will came with a buy stop order, if the conditions of my trading plan are accomplished ... in any case if you are looking to the last uptrend as a corrective structure within the larger context your idea is 100% valid ... in any case the real important thing is that you need to have a solid trading plan that allows you to get benefit from the markets conditions ... in any case thanks for viewing my idea a for your coment :)
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