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Tshaw7

GBP/JPY Short trade continuing trend.

British Pound / Japanese Yen (OANDA:GBPJPY)  
Tshaw7 Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns trend support resistance_level
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trendanalysis chartpattern trend support resistance_level
Perhaps an opportunity for a short trade to the downside, as we can see a level of support and resistance around 146.483 that has been tested on multiple occasions. Price could potentially rise up to the most recent support level (Highlighted zone) and continue on the down trend. Or perhaps break through and contest the level that we see higher on the chart and again continue trend and push toward the downside. SL (stop loss) placed above the highest recent high (highlighted red) and TP (Take profit) around the level of the most recent support line (144.745)
Comment:
Sorry TP at 144.950
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