one which was the 50D MA.
For the setup check points descried above, the last requirement, retest of price low, was met Jun 15 5:00 pm Shown on chart above
On H4 chart, there has not yet been a CCI regular divergence with price. If CCI does across up through the down trendline (tl) on CCI, that would be a Long signal. (even if it does, usual CCI patterning warns there might well be a retest down a little before a strong upmove). Until then, GBPJPY is still signalling short based on 1. previous short signal (CCI...
ATTENTION! A hidden bearish divergence of open interest has been discovered. Expect a rebound from the resistance line in the unbalance zone. On the larger timeframe, the downward movement continues, trend 1H resistance lines are not broken.