GBPJPY

3 possible GJ moves in this zone.

1. This is a strong area that may result in a strong push to the downside breaking and retesting the trendline (Enter on BOS/ChoCh off trendline)
2. This zone can break to the upside and give a retest of the zone for a further push up. (Enter on retest)
3. We can see a rejection to the trendline for a push to the upside from there (Enter at trendline rejection)

In this zone, you need to watch price action and fundamentals. Breakouts and support/resistance is key at this level. Lets see what entry we can get.