GBP/JPY Short
Hi Guys,
I'm looking to take this short on GJ.
We have currently witness price print a perfect double top at a strong level of supply / resistance
Price has now broken through support which we are anticipating to act as resistance
We are now waiting for our entry which could either be a depletion of buying pressure and a new presence of selling pressure (wick rejections / bearish candlestick pattern)
This is near enough a perfect set-up but nothing is guaranteed.
This is where patience is vital.
Let me know what you guys think?
I'm looking to take this short on GJ.
We have currently witness price print a perfect double top at a strong level of supply / resistance
Price has now broken through support which we are anticipating to act as resistance
We are now waiting for our entry which could either be a depletion of buying pressure and a new presence of selling pressure (wick rejections / bearish candlestick pattern)
This is near enough a perfect set-up but nothing is guaranteed.
This is where patience is vital.
Let me know what you guys think?
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