GBPJPY analysis - waiting for confirmation...

h1 chart 11.45 pm Malaysia

A engulfing bearish candle has formed on the daily chart. Meanwhile, the hourly chart shows the retracement is not over yet.

Downwards trend should continue once the 126.00 level is broken....
3.00 pm - still waiting patiencely... :-w
"This market will be here long after you and I will
be dead, so there is no need to rush in..." -Jacko
8.30 pm - was away from chart for 5 hours
and nothing changes =))
market is in sideway mode


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