GBPJPY OVERBOUGHT REGION

15 בינו׳ 2018

At 152.633 the Bullish move is becoming exhausted as we can see several reversal candlesticks forming at this region, confirming this on 4H time frame you see the stochastic oscillator is showing overbought in price. i believe the price will retrace back to 150.930 price level as the Resistance hold at 152.633

Bias: SELL @ 152.501 TARGET : 150.930 STOP LOSS: 153.411