GBP/JPY: SELL STOP with target, check it out!

Zaktualizowano
Hi guys,

It looks like we could have a good candidate for a sell.

The idea is to put a sell-stop at 148.100. The target is the previous support at 147.730.

We have a trend line which has been broken as well as former low. We could be in a simple pullback before it goes back down again + all EMA have been broken on M15.

Trade with care.

Like/comment if you appreciate my ideas.

Best,
Jesse
Uwaga
snapshot

Rejection at previous low
Uwaga
1. Price is below EMAs
2. Price is currently rejecting previous low
3. Price is about to re-test successfully the trend line to the downside

FYI Yellow rectangle represents previous low/high

snapshot
Zlecenie aktywne
I am already shorting the pair
Transakcja zamknięta: osiągnięto wyznaczony cel
Bang
Uwaga
Wow 160 pips since my call yesterday. Too bad I didn't keep it that long :-) .
Bearish PatternsChart PatternsForexfxGBPGBPJPYjpySELLshorttrendTrend Analysis

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