This is not a signal it is my prediction. It can go two ways so wait for confirmation. If price doesnt break trend line then ofcourse you can short but if it does, wait for another bukllish candle to form above it and then go for the LONG.
As we can see GBPJPY has hit a new high, which is not new news lol. My prediction is for it to break trend line, test and go for the short. If you haven't yet seen my last post concerning the GJ check it out and you will understand more of what I said.
Here we have a potential short, roughly around the 152.4 zone. As you can see GJ has hit another high, and I believe its next target is to hit its first low which is roughly around 141.1 due to PRICE ACTION breaking trend Line or hit its second Low low which is roughly around 139.0. This has been analysed on the D1 chart, therefore in order to get a confirmation...
