GBPJPY H4 TIMEFRAME ANALYSIS (SELL)

As you may see on the chart the price is trading below the trendline which means that the trendline breakout has already happened and the price is ready to trade in the downward direction.in addition to that the parallel channel/equal-distance channel is pointing downward as a sign of a major trend reversal. Our aim is to capture the beginning of a new downward trend and that is what we want because it is where the smart money is made. The GBPJPY seems to change its trend direction so we join in early before others notice it. The entry and exit levels have been indicated on the chart. The major key levels have also been drawn on the chart. This is more than an institutional analysis. We know what we are doing and we do what the market is doing. If you have any idea be free to add it in the comment area. Otherwise, invest wisely. Wish you more success.