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British Pound / Japanese Yen
Short

GBPJPY downtrend continuation?

By Refimadon
Updated
The first setup was successful, I think the price might still push to the downside as a continuation of the downtrend and I plan to go short but if the price gets rejected by the support trendline then my setup will be invalidated. To review the plan on Monday because the area that's circled will add more reason for me to go short otherwise I will look for a buy setup post the rejection.
Note
Waiting for price to show it's hand.
Note
Initial bias not supported by trend therefore trade not taken
Trade active
Trade closed: stop reached
Chart PatternsTrend Analysis
Refimadon

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