GBP/JPY British pound vs JPY

Thought:
What if we actually break north?
What if price continues to drop?

My Overall Bais: Bullish
Confluence: 3rd bounce of Daily black TL.
Confluence: possible break of the H4 blue TL.
Confluence: price laying on 61.8%
Confluence: RSI (waiting for Tuesday)

Scheduled Trade:
No trade Monday: NO
Tuesday 3AM EST: TBD based on confirmation check list.

Note: Either price fights its way down taps the Red M.A., and gives us a launching pad for the rally ride north.

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Commentaire:

Harmonic pattern- looking to short