GBPJPY medium swing short idea

Price is currently sitting near monthly round number level. I'm expecting push up to the 50% retracement area along with triple top formation for extra confirmation for short entry then continuation to next 250 pip quarter level. This is in conjunction with my prediction that japan might receive tariff exemptions from the U.S. thus strengthening the Yen.

Trade ist aktiv:

This trade has activated and moved into profit:)

Kommentar:

NFP pushed price very close to 50 pip sl but it held out and now we should see the downside