GBPJPY SHORT TRADE SETUP

GBPJPY SHORT TRADE SETUP

12 May 2020, 05:33
Lalit Matta
1
74
The 4 hour right is down against 12/13/2019 peak (148.05) & shows a   sequence. 1 hour is turning down against 135.46 high. Near-term, while bounces fail below 135.46 high and more importantly below 147.93 high expect pair to extend lower. 

SHORT  
@132.40-60 

TP: 131.60 
SL: 133.20 

GOOD LUCK !
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