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pwfxsystem

GBPJPY

Short
British Pound / Japanese Yen (FX:GBPJPY)  
pwfxsystem Updated   
FX:GBPJPY   British Pound / Japanese Yen
Chart Patterns
8
0
chartpattern
Waiting for the 3rd touch in this value area consolidation before a continuation to the downside. Entry 145.00 Target 128.00
Comment:
We might not get 145 and may have to settle with 144.5 but I’m willing to wait though, worst case I can set a stop order at 144. Waiting will also give us more time for the pattern to develop.
Trade active:
Pending Sell limit 145.00 is active
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