Gbp/Jpy has a Head And Shoulders Reversal Pattern the hour 1 time frame. I expect that price will change directions from a buy to a sell. Im waiting for my entry.
When the 10 and 20 Ema's cross to the downside on the 15min time frame , I will consider opening a sell. I will be using risk management.
This idea is based on the chart pattern known as the Head And Shoulders Pattern.