GBPJPY Swing Short (W)
GJ price is bearish - Price is below the cloud on (M) time frame.
Lagging Span on (D) & (W) time frames pointing towards the downside.
Price broke through 9 day MA @134.535 (W)
If price breaks through 26 day MA @134.503 (W)
I'm predicting price to continue going down, break the 132.000 levels & reach June 29th Daily Low @131.955.
Entry @134.500
Stop 50 pips
TP 250 pips
RR: 5:1
Lagging Span on (D) & (W) time frames pointing towards the downside.
Price broke through 9 day MA @134.535 (W)
If price breaks through 26 day MA @134.503 (W)
I'm predicting price to continue going down, break the 132.000 levels & reach June 29th Daily Low @131.955.
Entry @134.500
Stop 50 pips
TP 250 pips
RR: 5:1
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