[GBPJPY, 13/12/2018] Sell if H1 candle closes under trend line
Updated
I will re-open sell if H1 candle closes under the downward trend line
Other reasons:
1. GBPUSD made another fake broke of vital resistance level. Downward is expected.
2. Stoch shows over-bought in both H1 and H4
3. RSI is near 70 in H1
Other reasons:
1. GBPUSD made another fake broke of vital resistance level. Downward is expected.
2. Stoch shows over-bought in both H1 and H4
3. RSI is near 70 in H1
Trade active
H1 candle closed under the trend line. Sell position is active.Note
If price is confirmed to breach daily support level 143.315, it will most likely move down to at least 142.000Note
Price is still in the daily support region.
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