GBPJPY Sell the breakdown

HI there,

This is an update of the GBPJPY chart.

If you have seen my daily GBPJPY chart then i am sure you know that we were waiting for the correction on GBPJPY.

We are having that correction.

How we can trade on this chart.

1. Watch for the lower time frame like 15 minutes and sell it before the breakdown.

OR

2. Wait for the correction to breakdown sharply and join that sharp fall.


In case price close above the previous high then it will change the bearish setup. Then we will watch for another impulse from top before we go for sell.

As long price gonna stay under the 1st impulse we are bearish above that price will change the bearish setup.

Good Luck.

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