GBPJPY Short opportunity
Updated
Price is struggling to break previous monthly support. We have a bullish shark pattern trying to complete. I am looking for a short opportunity " C-D leg"
Breach of structure occurred. Look for a candle reversal on this current pullback before shorting.
targets are listed above.
Breach of structure occurred. Look for a candle reversal on this current pullback before shorting.
targets are listed above.
Note
Price is retesting TL. Look for price exhaustion and candle reversal pattern to enter. Trade will activate upon those signs.Note
If price breaches my Price reversal zone then the trade stays inactive and we will look for another opportunity. We dont marry trades here. patience is key. Look to see how price acts reaching the top of zone.
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