GBPJPY Downtrend beginning

2020-03-02 03:14:59

As we saw on last trading day of february GBPJPY broke the accumulation phase to begin a downtrend, we can expect this downtrend to resume after the minor pullback of gbpjpy hits 139.300 previous resistance area which now will be a support area, then we will revisit 131 area.

My order is a sell limit of gbpjpy at 139.200 with a sl of 139.900 and a TP of 135.000
After the pullback to 137.800 you can add another sell in that area with a sl of 138.500 and a tp of 131.200

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