mindyabandz

GBP/JPY Short Trap

Viés de baixa
FX:GBPJPY   Libra Esterlina/Iene Japonês
Sell op 4Hr Timeframe

Wait for price to break 145. with a lot of momentum and get in at the top around the 145.500 area.
This should be a fake out and looks like an op to catch the ride down on the trapped traders.

However price is in a strong uptrend and it actually could break 145 and keep going up.
In this case I will look to get in on the second retest of the 145. Key Lvl.

Going to have to let the market come to us on this one.

Will update.

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