FOLLOW UP TO MY GBPJPY RE ENTRY SHORT INTO TREND

AS MENTIONED IN MY PREVIOUS IDEA.
WAIT FOR BEARISH PRICE ACTION AT THE RECTANGLE AREA BEFORE RE ENTERING A SHORT INTO TREND.

SUPPORT TURNED RESISTANCE
H4 50SMA RESISTANCE
D1 20SMA RESISTANCE

SO AGAIN, BASIS FOR TRADING THIS IS BECAUSE ON THE D1 PRICE HAS BROKEN THE TRIPLE BOTTOM AND MADE A NEW LOW. THUS, IT IS ALREADY CONFIRMED BEARISH BIAS AND WE WILL ENTER AT FAVOURABLE PRICE ACTION NEAR THAT MARKED AREA.

D1 CHART FOR REFERENCE

SUBSCRIBE LIKE COMMENT MY IDEAS IF YOU AGREE OR DISAGREE.