GBPJPY MONTHLY STRUCTURE OHLC (SELL SETUP) TP [@191.000]

Short

British Pound / Japanese Yen (ICMARKETS:GBPJPY)

Updated

ICMARKETS:GBPJPY British Pound / Japanese Yen

trendanalysis chartpattern gbpjpyshort gbpjpyprediction gbpjpy ezeepips

GBPJPY on the daily timeframe shows a confirmed OHLC (OPEN HIGH LOW CLOSE) SELL Setup within the Monthly structure. TDI has indicated a bearish cross, suggesting the presence of sellers in the market. My target is set at 191.000 (Monthly Open). I advise patience in awaiting a sell signal to validate the selling momentum in smaller timeframes.

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Trade closed: target reached:

My target was set at 191.000

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