GBPJPY in a triangle formation with the top channel being tested and rejected. Look to sell at the top of the channel down to the bottom.
1. RSI on large time frame in the sell zone.
2. Top channel tested and rejected, resistance held.
3. We are in a triangle formation with price moving within the two boundaries with the bottom targeted next.
Entry @ 142.00 area
TP @ 137.00
SL above Triangle
Good luck and let me know if I can help in any ways!
Charles V
CVFX Management
Trading made Simple
2020 Growth: 206%
1. RSI on large time frame in the sell zone.
2. Top channel tested and rejected, resistance held.
3. We are in a triangle formation with price moving within the two boundaries with the bottom targeted next.
Entry @ 142.00 area
TP @ 137.00
SL above Triangle
Good luck and let me know if I can help in any ways!
Charles V
CVFX Management
Trading made Simple
2020 Growth: 206%
