Short
long
Down Trend, Trendline, Resistance, pullback confirmation.
short position
Short Positions
Long Position
BEARS
LONG
GBPJPY reached a major area of support. Change in trend to the upside
bearish flag pattern
Previous Support and Resistance level broken, waiting for the pull back retest confirmation to continue to the downside for a short position. Price action has tested this level once before in the same exact way and continued to the downside.
