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GBPJPY Potential Sell ScenarioAnalysis : Price are in up trend , Price is close to a long term resistance zone, Price is boucing several times the rising wedge upper bound, Prince is forming a wolfe wave pattern, We will favor the Bearish scenario. Sell : wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar , Insidebar etc, Initiate Sell order, Target ==> TP1 to TP3, SL above the long term resistance zone. /!\** Disclaimer**/!\ The scenarios described in this analysis are subject to change at any time without prior notification. This analysis is provided as a decision support. Traders! | if you like my analysis and it supports you in your trading decisions, please say it in a comment so we can manage the trade together. Thanks. A bearish engulfing pattern has emerged at the bearish bat pattern potential reversal zone. ***This idea is only for educational purpose. Not a financial advice*** ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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par Theamy