Swing Short on GPBJPY
Multiple confirmations for bearish momentum GBPJPY
1. HTF 12HR complex head & shoulder.
2. Fake out on BOX in 4HR; precisely fake breakout on 4 HR along with bearish engulfing.
3. Multiple rejection on bearish trend line channel.
4. Rejections from golden level in fib on 4HR.
5. Entry, preferably a closure on 45 min time frame in the green zone will be best.
This is a swing entry, you can choose small entries on lower time frame.
ENTRY 182.05 SL 183.95 TP 178.09
1. HTF 12HR complex head & shoulder.
2. Fake out on BOX in 4HR; precisely fake breakout on 4 HR along with bearish engulfing.
3. Multiple rejection on bearish trend line channel.
4. Rejections from golden level in fib on 4HR.
5. Entry, preferably a closure on 45 min time frame in the green zone will be best.
This is a swing entry, you can choose small entries on lower time frame.
ENTRY 182.05 SL 183.95 TP 178.09
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