gbpjpy bear trend continuation opportunity
-Mkt broke down to new lows and is now
retesting broken support zone
-Mkt testing confluence of 50 retr & structure
with RSI reaching overbought
-Aggressive short opportunity at 134.00 area
-More conservative short opportunity within
Bear Cont Zone with Stops 1atr behind the
139.00 invalidation zone
-Expectation is retest of low of trend around
128.50 and potentially continuation to 121.00
retesting broken support zone
-Mkt testing confluence of 50 retr & structure
with RSI reaching overbought
-Aggressive short opportunity at 134.00 area
-More conservative short opportunity within
Bear Cont Zone with Stops 1atr behind the
139.00 invalidation zone
-Expectation is retest of low of trend around
128.50 and potentially continuation to 121.00
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