GBPJPY possible trade Short

British Pound/Japanese YenFXCM

Description

⋅ May 25, 2020 5:21 AM

GBPJPY is falling as we predicted.
But the price may return to the line of resistance. In this case, I recommend selling to everyone who did not have time to open a sale.
Target is the support line.

Comments

ShinForex1

⋅ May 25, 2020 5:26 AM

yeah nice setup. i am also looking for slight retracement before going short. big up

FXCM

⋅ May 26, 2020 7:16 AM

thanks for this! looks like a break above the descending trend line you have highlighted, will your bias turn bullish? Here's my view on GBPJPY:

Erickywong

⋅ May 26, 2020 6:55 AM

Make sense.

CryptoCheck-

⋅ May 26, 2020 6:39 AM

Stringing us along

CryptoCheck-

⋅ May 26, 2020 6:39 AM

great idea

UnknownUnicorn6297596

⋅ May 26, 2020 4:41 AM

I have got the same bias and I hope it tanks down after it hits the trendline resistance!

YevgennaPreor

⋅ May 25, 2020 11:05 AM

It works, great result

sergun1957

⋅ May 25, 2020 9:54 AM

Good luck !Nice job !

HDFX-Trading

⋅ May 25, 2020 5:50 AM

Nice setup, I think like this on the higher frame..