MSK-

GBPJPY SHORT SELING TRADE TECHNICAL ANALYSIS

Corto
FX:GBPJPY   Libra esterlina/Yen japonés
I OPENED THIS TRADE FOR 2 HOURS ONLY AND CLOSED IT BECAUSE IT RETESTED ITS 3RD SUPPORT LEVEL
risk was higher because i knew it after its new hh of bullish trend their will be price drop for new HLand i opened short trade.
after waiting for two hurs almost gbp/jpy re-rested its support 3 level - 162.139 and bounced back and booked 76 dollars profit

SO, WHATS NEXT?
PRICE WILL BE REJECT @ 163.086 then its next target will be resistance-2 @163.723
{we can expect gbp/jpy to play around support level-3 and resistance-2 levels {trend movement in between 162.139 tp 163.723},


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NEXT TRADE PLAN FOR GBP|JPY
SELL STOP 163.086
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