Wait until the price retest 1.1340 resistance to go short. Of course we need to see in minor timeframe how the price reacts. There is a possibility that the price 1.13270 zone and goes down.
We can see how gbpjpy its on a bullish trend. Just waiting to break that resistance 148.30 so it can retest and continue to our takeprofit. If the price dosent break the resistance ill post another scenario.
The chart at H4 shows rejection of a major zone. It's expected to go down till 1294.60. Can take 1299.00 as TP1 and see how price reacts to that major zone.
