Price is in a sideways consolidation
Macd is over-bought so I have a Bearish Trade Bias
Watch Macd for confirmation of Bearish direction
Watch for Bearish breakout of 800 sma

Short Trade
Sell Stop @ 143.95
Sell Take Profit @ 143.35
Find SL
4h800smabreakouttradingChart Patternsconsolidation-breakoutforextradingGBPJPYTechnical IndicatorstradingstrategyguidesTrend Analysis

Also on:

Disclaimer