GBPJPY SHORT TRADE

2019-11-05 18:38:59

In a Daily time frame we can see massive impulse to the upside happened on the 11th October 2019 since then price consolidate between 138.860 support and 141.00 resistance. we also can see a bullish flag shaping while the price consolidate between the S&R that i mentioned earlier. in a smaller time frame we can see bulls seems like losing steam, there are probability to go short within the consolidation range. this will be a very tricky trade since it will be a counter trend trade.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.



Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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LamchiuFX