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AlbashafFX

AlbashafFX | Descending Channel with Good Short Entry

Short
Euro / Japanese Yen (OANDA:EURJPY)  
AlbashafFX  
OANDA:EURJPY   Euro / Japanese Yen
Support and Resistance Pivot Points Candlestick Analysis
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supportandresistance pivotpoints candlestick
we can see from the chart that GBP are very weak right now.
the price now forming descending channel with several wick rejection already.

we can enter this short position with stop just above our wick rejection area.
there are no good reason for our target with escalating conflict right now, so we believe trailing our stop will be best.
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