GBPJPY Technical DOWN TREND Possibility !

Pure Technical Analysis
1-Base on Weekly S/R Lines.
2-Trend Lines 2017 April 17th.
3-Wedge Shape Consolidation forming since March 2nd.
4-Look for a break of this wedge.
For ENTRY - Monitor the H4 or H1 for fine entry.
5-Profit at 147.118 with Longer Term Profit possible at 146.411

Cheers

Trade fechado manualmente:

TRADE REVERSED !!