GBPJPY SHORT
Updated
Being that GJ has been in a nice uproar to the upside I think its time for a little downside action. Even if this market wants to keep going up it needs to make room to the downside. So what I've mapped out here is a possible short. Now, an early entry can be made but I wouldn't recommend. I would go to a lower time frame wait for break of the QP then enter on a retest to be safe.
Like always this is my bias I am open to having any discussions about this pair in general and this overall idea. Let me know what y'all thinking!!
Like always this is my bias I am open to having any discussions about this pair in general and this overall idea. Let me know what y'all thinking!!
Note
If we get a close above the 1hr trendline It looks good to make that push to the upside
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