GBPJPY Short Trade *INTRADAY TREND CONTINUATION*
Short trade set up on GJ.
Lower lows and lower highs made on the 4hr.
Last weeks candle closed very bearish.
Weekend gap up not fulfilled yet.
Shorting at 140.200 with a nice 35 pips stop loss to keep it above previous highs.
Looking for a new lower low to be made for a 4:1 RR trade. Longer term target is shown on the chart at the daily trendline and previous support/resistance zone. This would be a mega trade of over 13:1 RR
Lower lows and lower highs made on the 4hr.
Last weeks candle closed very bearish.
Weekend gap up not fulfilled yet.
Shorting at 140.200 with a nice 35 pips stop loss to keep it above previous highs.
Looking for a new lower low to be made for a 4:1 RR trade. Longer term target is shown on the chart at the daily trendline and previous support/resistance zone. This would be a mega trade of over 13:1 RR
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