Gjsells
GJ short4H
BEllow the ema's
break and retest making a new structure
bearish trend line
1h
break below the 2emas with a clear momentum candlestick
I took this trade 5 days ago and have been in this range since, so the above were my confluences and I am still waiting for it to break down.
if the price broke above the 5/14 and 200ema ill be out of the trade and look for a buying opportunity
GBPJPY SHORTS - 150 PIPS!I'm predicting GBPJPY shorts down to 154.500 this week.
- Price has created a double top on the weekly timeframe, the overall trend is bearish.
- Price has made a massive corrective move to the upside the past two weeks.
- Price will now continue it's bearish trend.
- Price will find support on the daily 50 EMA at 154.500.