Signal_Centre
Short

Selling strength in GBPJPY - Targeting the 78.6% Fib for entry

FX:GBPJPY   British Pound / Japanese Yen
GBPJPY is Bearish - We look to Sell at 133.20

▪️ The medium term bias remains bearish .
▪️ We have a 78.6% Fibonacci pullback level of 133.21 from 133.55 to 131.94.
▪️ Positive overnight flows lead to an expectation of a firm open this morning.
▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 133.20, resulting in improved risk/reward.
▪️ Expect trading to remain mixed and volatile.

Stop: 133.50
Target1: 132.00
Target2: 131.50
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Comments

They don't all work out unfortunatley. Just the way trading goes!
Not quite stopped on it. Still a chance, but looking unlikley. Stick to the stop loss.
Reply
Im follow this 😭😭
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