BannaKhan
Short

Shorting opportunity GBPJPY

FX:GBPJPY   British Pound / Japanese Yen
Nice and simple trade. After creating a new low this pair pushed up and touched the 50EMA and we have a bearish engulfing candle straight after that which suggest a bearish run to create a double bottom before deciding further course of action.

I have gone short on this and marked tp and sl for you as well.

Let me know if you agree or your rational if you disagree.

Trade safe and good luck.
Trade closed: stop reached
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