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Duchess_of_Forex

GBPJPY SHORTS - 150 PIPS!

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
Duchess_of_Forex  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators GBPJPY gj yen gjsells gjshorts gbpjpyshort 150pips Bearish Patterns
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trendanalysis chartpattern indicator gbpjpy gj yen gjsells gjshorts gbpjpyshort 150pips bearish
I'm predicting GBPJPY shorts down to 154.500 this week.

- Price has created a double top on the weekly timeframe, the overall trend is bearish.
- Price has made a massive corrective move to the upside the past two weeks.
- Price will now continue it's bearish trend.
- Price will find support on the daily 50 EMA at 154.500.
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