Trader856

POTENTIAL GBPJPY SELL - CONTINUATION OF DOWN TREND

Short
OANDA:GBPJPY   Livre sterling / Yen japonais
This is an update to my previous post, where GBPJPY rejected off of the trend line and proceeded to fall. Now what we see is a retest of a critical price level which could soon be an amazing sell trade, given the fact there has also been a rejection off of the Fibonacci level. The TP would remain the same as my previous post. More importantly, having multiple confluences is what ensures accuracy from what I have experienced, so there is potential for this trade to have an excellent R:R.

*NOT FINANCIAL ADVICE, MERELY AN OPINION*
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