OANDA:GBPJPY   Livre sterling / Yen japonais
If price continues lower then what I am looking for wont be valid and likely I wont even get in the market or look to do something on the sell side. If, however, I am proven to be right on my guess price then should rise above the depicted level of 136.25. Depending on how much time takes to do this it will encounter several important resistances along the way that may make this a hard trade to hold on, if a better position to get in appears in the passing day I will update this. 134.5 should hold as the low, quite a considerable amount of pips away from the entry dotted line so I might consider using a tighter stop determined by another criteria. Happy Trading :)(:

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