0311 Trend Continue GBPJPY down with RR>7

Hello traders,

Last week we got a weekly outlook on GBPJPY in this idea.

2510 Wkly Outlook GBPJPY support up again from wkly support


We were looking for a double TOP abc wave price action before new leg up or down.

Now we have a lower B and BC broke the support level on this 4H chart. A trend continuation strategy is for this pair.
Wait for signals by the green zone which could help us setup a trade WITH RR>7.

GOOD LUCK ON THIS PLAN.
LESS IS MORE!
Chart PatternsriskrewardsetupTrend AnalysisWave Analysis

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