GBPJPY SHORT

as you can see here price has been ranging up and down just after it created low from all the way back in 2013. i would expect price to carry on falling all the way down to the 132.000 level which is around 150ish pips. After price has hit that area i would expect it to bounce off and continue ranging making it possible to catch a long all the way to 135.000 which is around 300ish pips. i would eventually hope for it to break the ranging period and look to catch another push to the downside or even potentially a push to the upside.

happy trading and good luck
keep positive :)