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GBPJPY Short Analysis

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Forexplus_  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Wave Analysis Chart Patterns falsebreakout Double Top gbpjpyshort gbpjpyanalysis forexsignals priceactiontrading multitimeframeanalysis editorspick foreverinprofit
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trendanalysis waveanalysis chartpattern falsebreakout doubletop gbpjpyshort gbpjpyanalysis forexsignals priceactiontrading multitimeframeanalysis editorspick foreverinprofit
Our buy stop was stopped out by 6 pips to our take profit price @ 151.071. The H4 order block is a better tp zone but went further to target the hourly order block instead. Double top and false breakout to the upside.

snapshot

Concerning this trade on the 4H, will be taking a short targeting the order block @ 149.884 on the daily.

snapshot

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