Hi Guys
Ive seen this set up too many times for me not to ignore it - GBPJPY could be trapping sellers
what do i mean by trapping sellers?
= by dragging the price lower and lower to trigger break out traders on the daily time frame
we have some high impact news at 12pm -
im certain the news will give one more push down to trigger more break out traders and then the impulse move up !!
beware !