grimweasel
Short

Short GBPJPY on DeMark 9 Sell Setup

OANDA:GBPJPY   British Pound / Japanese Yen
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!!
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