GBPJPY - SHORT IDEA
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On this pair price has shown a nice H4 uptrend but to be the trend is still bearish based on the daily chart.
Unless price break the Daily chart trend then I can still assume the trend bearish.
Price has come back to test a supply zone fro the second time so this zone is no longer fresh.
Price can go either way, bullish or bearish at this point but I am still bearish on this pair and will look cautiously to take a short position if I get the right price action.
COMMENT what you guys think!
THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE
On this pair price has shown a nice H4 uptrend but to be the trend is still bearish based on the daily chart.
Unless price break the Daily chart trend then I can still assume the trend bearish.
Price has come back to test a supply zone fro the second time so this zone is no longer fresh.
Price can go either way, bullish or bearish at this point but I am still bearish on this pair and will look cautiously to take a short position if I get the right price action.
COMMENT what you guys think!
THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE
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