Watchout for a sell opportunity on GBPJPY

Watch and wait the 157.350 - 157.700 area for GBPJPY, if the price is rejected from the bottom of the zone, there is a nice sell opportunity to catch with RRR = 5 if he re integrates the descending channel.
Open position @157.350 - 157.500 with SL @157.800 and TP @155.000.
But as long as you're in profit don't be too greedy and move SL to entry price, catch your current profits or set a trailing stop.
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Penafian