GBPJPY - Topped out cycle

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GBPJPY currently finished up an up cycle, and we currently would see a downtrend. Use proper money management.

Follow this idea since I'll update it regularly,

Good luck,

Note

Be very cautious since we have a long-term cycle bottomed out, if the market break ABOVE the smallest trendline, it will find a momentum to go with the long-term cycle

Note

The market penetrated the small down trendline
It's supposed now for market to find enough momentum to go with the long-term cycle, however I'll update my analysis regularly to find the best position to trail the stop loss

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