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GBPJPY Short Swing Update

Long
OANDA:GBPJPY   Livre sterling / Yen japonais
Price continued to go down to 134.350. +15 pips
However price found support reversed & stopped me out -50pips.

Price didn't respect the overall trend, going to sit on the sidelines in the meantime.
Potentially, may look for longs if price breaks the top of the cloud (D) @135.577, breaks the 9 day MA (M) @135.600 & retests as support.
Lagging span pointing towards the upside on all time frames. (M), (W), (D), (4hr)
There is always risk involved in trading. Notes taken on to the next!


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