GBPJPY analysis - will the beast moves downwards again??



chart h1 - 4.03 pm Malaysia

Went short as soon as the price pierces the lower trendline. Stop loss placed at 130.00 (risking 88 pips). Target projected: still undecided.

Will the beast continue going downwards? :-?
UPDATE:
4.20 pm - price is testing yesterday's low ...
+45; SL rest at +1 [-o<
4.37 pm - +100 ; SL rest at +30
4.55 pm - took half position at +150
hopefully the beast will touch the next
support at 125.3x, at least... [-o<

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