Good Afternoon,
Anticipating a bearish reversal via trendline GBP/JPY. Sell limit placed on trendline. Also, TDI, Stochastic, and RSI are indicating oversold price action on daily and 4H time frames. Should price action break trendline as well as suppy zone, pattern changes. I'll be updating this idea below. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence.
Thanks,
Trade Wisely
Anticipating a bearish reversal via trendline GBP/JPY. Sell limit placed on trendline. Also, TDI, Stochastic, and RSI are indicating oversold price action on daily and 4H time frames. Should price action break trendline as well as suppy zone, pattern changes. I'll be updating this idea below. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence.
Thanks,
Trade Wisely