Simple Setup Short GBPJPY for 40 Pips

GBPJPY

Price is moving quick on this one, but I plan to jump in on the pullback and ride down to the 50% retracement level which is where my TP is set


If you don't have time to get in at the top of the entry, I wouldn't bother with this trade as it is moving fast already and has the posibility to reverse as it has already reached the 38% Fib line and could turn

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Entry was spot on

Closed trade around 142.205 due to change in direction of trade.

Support was found above the 50% fib line