cvfxwealth

GBPJPY King's Crown Sell Signal

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY King's Crown formation pattern. We are ready for another sell. Price fell last week from the right tip and we had a retest of the right tip @ 137.16.

1. Broken Up trend line
2. Lower Low Created
3. Right Tip hit at Resistance level
4. RSI in sell zone

Look to sell @ 136.70 area

TP 1 @ 135.57
TP 2 @ 133.54

Good luck and let me know if there are any questions.

Charles V
CVFX Management
Trading made Simple
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