GBPJPY H4 Sell: Break of ascending trendline

2020-01-27 00:39:53

GBPJPY H4 Sell:
> Break of bullish trendline.
> Wick rejection from the resistance level.
> Bearish pressure started late last week.
> Will enter the short position when we retest the breakout area as marked.

Trade Idea:
> Enter: 143.200
> Stop Loss: 143.900
> Take Profit: 141.100

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