British Pound / Japanese YenUpdated

GBPJPY - no trade

No trade for me on GJ, as the market is still deciding on which way it wants to go (unless you trade breakouts, why chase price). But may look to buy around 137 and sell 144 short term. I can see us retesting lows again.

4 weekly indecision candles does mean a big move is ahead, and I will probably hold off until we know which way the market is headed. Yuge gaps ahead.
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Also there's no momentum, so the all the smaller recent trend lines being published w a grain of salt.
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*take all the more recent smaller tf trend lines.... (sorry on phone). Price will blow through them all when it takes off.
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PPl sold the breakout of the descending triangle and look where they're at. It's not a descending triangle if there's not momentum behind it. It's called a bear trap for a reason.

snapshot
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Keep trading what books and "private tutors" are teaching you.
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Hint: They're selling you something for a reason...
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If you guys have capital to give away, ill happily take it...

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