RandyFuego
Short

GBPJPY 163 pips Short Idea

FX:GBPJPY   British Pound / Japanese Yen
Great opportunity to short the GBPJPY , bearish daily candles are starting to appear on the chart. Our signal to sell is this breakout of a pennant to the downside and the rejection from the trend line on the daily chart .
The upside seems to be capped with a dogi daily candle on the daily chart just under the trend line . We expect heavy selling pressure due to continuous pessimism about the UK - EU trade deals.

Good luck and trade safe.
Comment: Daily chart.
Comment:
Entry point idea

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out