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zandreallison

GBPJPY: Broke and retest of ascending trendline.

Short
British Pound / Japanese Yen (FX:GBPJPY)  
zandreallison Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Head and Shoulders
1
0
trendanalysis chartpattern headandshoulders
GBPJPY: Short term sell idea, initially I was waiting for the Head and Shoulders pattern to play out, I had a buy stop just above the 153.266 area. My ascending trendline was broken and retested, my bias changed to short, I have placed take profit 1 at the next significant support area and stop loss above area that was retested.
Comment:
GBPJPY: Short term sell idea, my take profit was hit 16 August 2021 around 5am. 89 pips in profit.

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zandreallison
GBPJPY: Short term sell idea
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