GBPJPY: short on 137.00 if...
Possible Short trade on #GBPJPY.
We have to wait for the Elliot wave to be confirmed in point 5.
As 137.00 touched (that's Fibo 61%) we can go short BUT let the price breaks the trendline first.
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Entry 137.00
SL 140.37
TP 129.29
We have to wait for the Elliot wave to be confirmed in point 5.
As 137.00 touched (that's Fibo 61%) we can go short BUT let the price breaks the trendline first.
----
Entry 137.00
SL 140.37
TP 129.29
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