GBPJPY ANALYSIS!!
Good Morning Traders, I present to you GBPJPY, which is in a BEARISH environment, and broke a level of SUPPORT, now we wait for a RE-TEST of SUPPORT that will soon become RESISTANCE before Dropping for 50+ Pips with STOPS above the previous HIGHER HIGH CANDLE.
HOW TO TRADE
*Wait for a RE-TEST
*Put Stops above previous HIGHER HIGH CANDLE, and Target the next SUPPORT which can be found on the 4 Hours Time Frame.
*Look for a bearish reversal candle on lower time frames for SNIPER ENTRY.
HOW TO TRADE
*Wait for a RE-TEST
*Put Stops above previous HIGHER HIGH CANDLE, and Target the next SUPPORT which can be found on the 4 Hours Time Frame.
*Look for a bearish reversal candle on lower time frames for SNIPER ENTRY.
Penafian
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