The Big Short - GBPJPY -

Yesterday was the final day of the month and on GBPJPY it ended with a nice big bear candle. We eaven got a trendline broken on a daily chart so im expecting a nice big drop.

Monthly chart view:
snapshot

Sow now i will be waiting for a bigger flag, like daily or 4h flag and it is ready to drop for around 700 pips.

Dayly chart view:
snapshot

If you would like to understand why I think the GBPJPY pair will drop, you should check out my previous post ('The MARKET STRUCTURE').
Wish you a lot of pips:)
Trend Analysis

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