Gbp/jpy

[Raj]

I'm watching this resistance level...looking for signs of the bears

:)

[Raj]

Well from that 240 resistance bears got their act together...I took a few shorts on the 5min chart

...sorry for the messy chart, but thats what happens when scalping LOL

:)

[Raj]

gj continued to form nice swings for 618 shorting just like on Friday.

:)

[Raj]

gj decides to give us another great short at sk

:)

[Raj]

I don't like taking trades such late in the afternoon, but resistance is resistance I suppose

:)

[Raj]

240 chart has confirmed the Head & shoulder pattern by taking the low at 154.90...there is always the possiblility of pullback since the bears did that, so in case that happens, we'll have to wait for two candle to the right before pulling another down fib

:)