GBP/JPY rejected the 4 hour resistance as shown in the chart. It also broke through the 4 hour trendline. I am currently looking for a retest or another form of sell setup before I enter this trade. If we break above the trendline the trade is voided.
Note
Trendline rejection, I may start looking for a BUY setup if I see more confirmation
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.