Hi friends,
GBPJPY has broken down the upside channel, with high probability to continue down to 127 aprox....
We can short at 146.30 aprox
Stop loss above the swing high at 158.50
Take Profit 127
This is a monthly trade, we can also look for retracements at Daily and H4 timeframes to short the trend...
Good trading!
Xavi.
GBPJPY has broken down the upside channel, with high probability to continue down to 127 aprox....
We can short at 146.30 aprox
Stop loss above the swing high at 158.50
Take Profit 127
This is a monthly trade, we can also look for retracements at Daily and H4 timeframes to short the trend...
Good trading!
Xavi.
Note
Nice prespective also in weekly chart :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.