SHORT on GBP/JPY

Par TB305
Price is currently falling from a major resistance area on this pair.

I have a golden cross on the MACD and the RSI is also curving downwards from the Overbought state.

Here is the play I will be taking on this trade:

ORDER TYPE = MARKET SELL NOW
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 156.911
STOP LOSS = 158.502 - 155 PIPS
TAKE PROFIT = 154.276 - 261 PIPS
GBPJPYgoldencrossMoving Average Convergence / Divergence (MACD)overbroughtSELLsellsignalshortSupply and DemandSupport and Resistance
TB305

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