Already short GBPJPY based on DeMark Sell 9 count. GBP way over bid even before weaker inflation figures this morning. Keep Selling to 149.00
Comment:
Working nicely thus far and still en route to 149.00
Trade closed: target reached:
Nice trade with a testing pullback for 3 bars, but target reached.
Comment:
Look at how this DeMark set up signalled the top. Whilst they don't always work, esp in strong trends, this example shows they can and then run some!!