GBPJPY - another -0.618?

2020-03-06 00:43:04

Following previous moves, this pair has all chances to go way down. Notice how it "obeys" -0.618 levels on every big move. Counting on short enter in red area with marked SL and TPs.
It may also just break below 136.90 and run - in this case I'll short one part on breakout and (hopefully) the rest on retrace.

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)