GBPJPY Long and Short opportunity

GBPJPY is at the intermediate support.

It can make a double bottom and reverse or break down.

Wait for a reversal sign before going long.

Risky traders can short as soon it breaks down and risk averse traders can wait for a retest.

In both the cases Risk to Reward is pretty solid.

Do you your own research before entering any trade.

ALWAYS put a STOP LOSS.

Let me know your views in the comments.

Trade ist aktiv:

The short trade is active and in profit of 150 pips.