18/06/2013 13:10GMT
On H4 GBP/JPY chart we can see all lines in short direction, also Ichimoku cloud is bearish and price rejected Kijun. That’s why I opened short position.
On D1 chart we can see that price is in Kumo, and bottom line of it is strong support. Also near this level there is technical support. I will close there half of postion.