GBPJPY POTENTIAL SHORT OPPORTUNITY

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Hello Everyone!

How are you all?

GbpJpy is a pair to watch this week, because it has shaped up very nicely for a sell trend continuation that we can capitalize on.

So, I will be looking for a sell continuation because of the following reasons:

1. The overall trend is bearish

2. The price has formed a continuation structure.

3. The price is rejected the value area.

Game Plan:

If the price forms a 15mins flag with two highs and lows.

Entry : will look for a risk sell entry within the flag or a reduced risk entry on the breakout of the flag.


Feragatname

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