forex_prodigy

(GBP/JPY) Short Term Sell Opportunity

Short
FX:GBPJPY   British Pound / Japanese Yen
Grand Rising Traders. Thank God Its Monday! Who else is ready to destroy the markets this week?
These are my thoughts for GBP/JPY
- After a strong push to the upside , momentum is finally slowing down indicating sell pressure.
- Higher lower formed , breaking bullish structure.
However i still feel that there is a lot of buy pressure in the market, so be careful.

Advice
Only trade one pair at a time. Its much easier to predict the direction when your attention is focused on one chart.
Good Luck With The Rest Of Your Trading Week
I Wish You All The Best
#forexprodigy

Trade closed: target reached: I decided to exit the trade early and secure 4% instead. Another successful trade.

Comments

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