Pull back! SELL Now!
80+ pips on GJ
GBPJPY has made a clean red candle below the support. Now that GJ has retested support and rejected it with a nice red candle we can take sell entries. Watch as GJ is near the weekly resistance. This zone has also been confirmed, so we can see a rejection to test previous support areas
tp 1: 4hr and daily support
tp 2: 3.82 fib
tp 3: D1 support, if GJ breaks below this area look to continue selling
*stop loss can be increased. please use proper risk to reward
80+ pips on GJ
GBPJPY has made a clean red candle below the support. Now that GJ has retested support and rejected it with a nice red candle we can take sell entries. Watch as GJ is near the weekly resistance. This zone has also been confirmed, so we can see a rejection to test previous support areas
tp 1: 4hr and daily support
tp 2: 3.82 fib
tp 3: D1 support, if GJ breaks below this area look to continue selling
*stop loss can be increased. please use proper risk to reward
