GBPJPY 4H Potential Short
GBPJPY has been forming bearish momentum recently on the 4 hour chart, I have added some support levels on the 4 hour chart. I think if we can break the 1st support level it is possible to fall to the next support level. The RSI has been moving lower as well as stochastic momentum. I have taken a short position here recently, I will update this post for a take profit or stop out.
Trade closed: target reached
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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.