英鎊 / 日圓看空
GBP/JPY Potential Short
Top Down Approach:
Identified the weekly downtrend and the next lower high point @ 146.850 area
Identified the daily strong s/r zone @ 145.755 (nearly broke through)
expecting price to hit daily trendline and reject, then swing down for the lower high weekly movement
only take this trade on a retest of daily level for the long
or the short once the lower high has created and shown rejection
Identified the weekly downtrend and the next lower high point @ 146.850 area
Identified the daily strong s/r zone @ 145.755 (nearly broke through)
expecting price to hit daily trendline and reject, then swing down for the lower high weekly movement
only take this trade on a retest of daily level for the long
or the short once the lower high has created and shown rejection
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