英鎊 / 日圓
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GBPJPY opportunity- Mean reversion play.

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If the market gains momentum, there is potential for a countertrend on GJ.

Trading back to a weekly fast-moving average with the added confluence of a 50% retracement of the larger move. 

Higher-risk trading against the trend, however, the market may present a shorter-term, high-RR trade opportunity.


There are two options for this trade idea, depending on the degree of pullback.


Trade invalidation If the price grinds higher without momentum or it moves below wave C with a lower low. 

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