GBPJPY The bearish mode will be more than expected. if $158.00 Can´t HOLD
SCENARIO:
Weekly: MajorBearish trend
Daily:Finishing UpTrend
Intraday: Start DownSide trend
We can apreciate how the price was #rejected the two previous days by the 160.75$ level. at #MONTHLY R1 in Confluence with 261.8% Ext (Bt C) The candle pattern expose Bearish too AFTER an indecision Day (Daily spinning top) and start of the creation of a possible Evening star increase the high probability of continue reversion to downside and change this small Corrective uptrend.
SCENARIO:
Weekly: MajorBearish trend
Daily:Finishing UpTrend
Intraday: Start DownSide trend
We can apreciate how the price was #rejected the two previous days by the 160.75$ level. at #MONTHLY R1 in Confluence with 261.8% Ext (Bt C) The candle pattern expose Bearish too AFTER an indecision Day (Daily spinning top) and start of the creation of a possible Evening star increase the high probability of continue reversion to downside and change this small Corrective uptrend.