GBPJPY Potentional SELL wait for confirmation

We are monitoring potentional SELL scenario on GBPJPY. We see a lot of liquidity downside, but we need to see a clear rejection on our H4 zone. Don't sell on first TAP, wait for an extra confirmation. We will keep you update.

Note

We can see a reversal pattern on 5M timeframe, but still not entering the trade. Let see on reaction demand area around 168.100. If there will be a correction pull back, NOT impulsive we can preparing for SELL position. Be patience.

Note

We are open SELL position.
EP: 167.900
SL: 169.160
TP: 164.180

Let's see. Taking some partial if you are in this trade.

Monesta

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Monesta

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