GBP/JPY STRUCTURE ANALYSIS - Hourly Overlook 08/12_11:11

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

GBP/JPY

Trade active:

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My first move...

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In we go...

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I will move my stop back enough to allow for the channel contact and place back once the short commences...

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OK seems like we are exiting an elongated triangle.. Signs of this are confirmed when wave-c and wave-d spike as shown on image.. I will sell again here...

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Order cancelled

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about GBPJPY 3

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