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Zen1tsu

GBPJPY Head & Shoulder Formation (Weekly)

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Zen1tsu  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Head and Shoulders GBPJPY gbpjpyshort weeklyanalysis gbpjpyanalysis gbpjpysell
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trendanalysis chartpattern headandshoulders gbpjpy gbpjpyshort weeklyanalysis gbpjpyanalysis gbpjpysell
Head and Shoulder pattern has been formed on GBPJPY on weekly time frame.
The price is most likely to move down from the neckline.

Things to consider:
1. Weekly Head & Shoulder formation
2. Monthly Resistance
3. Latest COT report - GBP "Neutral" & JPY "Short"

How to enter:
1. Follow the analysis that i have made
2. Locate all the important price areas
3. Entery should be taken in 4 hr timeframe

ALL THE BEST!
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