GBPJPY Short opportunity

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price may have a back and forth between the 200 & 50ma on 1 hr chart before going lower.
If price breaks 4hr 50ma resistance, Price will continue to 133.36 for stronger Resistance

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ملاحظة

Price formed a continuation pattern for the downtrend. waiting for the interaction phase between the 1 hr 50 and 200ma to confirm the overall downtrend. If price closes below 132 level then look for short entries to 129.0 Level

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ملاحظة

Price action didnt meet set up as outlined, trade is no longer valid.