Stargazer_fx

GBPJPY, broke below support structure_&_trendline, Sell analysis

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FX:GBPJPY   Libra Esterlina/Iene Japonês
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GBPJPY
price is back below the support/resistance structure and price also broke below the ascending trendline,If we missed the first move we can enter after a pullback if price shows rejection.


For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..


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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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