TheForexWolf

GBPJPY - Short Idea

Short
TheForexWolf Updated   
FX_IDC:GBPJPY   British Pound / Japanese Yen
10
The bulls have finally come to exhaustion and the bears have taken over as evidenced by the broken trendline and when looking at the weekly chart we have formed a nice pin bar for reversal.

I'm looking for a spike back up to the 147 level and then look for a sell signal around the new trend line. A break above the down trend line means we were just in a corrective state this past week and I will look to go long. PAY ATTENTION TO THE PRICE ACTION. Do enter until you get the signal.
Trade closed manually:
Closed in Profit. Almost hit my TP
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