GBP/JPY: Closing in to a major reversal area

We are looking at the GBPJPY approaching a major level of structure (Resistance) in confluence with a major fibonacci level (The 61.8). We will be waiting for the price to show reversal proce patterns, not likely to enter aggressive in this trade,

Of course if it breaks above the resistance, we'll start to look for long opportunities.

Remember guys, Eyes on your mind. not on your trade

CortesTeam
confluencefiboFibonacciFibonacci ClusterFibonacci Retracementpotentialreversalzoneprice-actionreversalstructurestructure-tradestructuretradeSupport and ResistanceSupport and Resistance

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