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NDOBObanks

GBPJPY Double Top Pattern Formation Short

Short
British Pound / Japanese Yen (SAXO:GBPJPY)  
NDOBObanks Updated   
SAXO:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis Double Bottom doubletoppattern doublebottompattern doubletopreversal gbpjpyshort gbpjpylong gbpjpyprediction gbpjpyanalysis gbpjpyforecast
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0
trendanalysis chartpattern waveanalysis doublebottom doubletoppattern doublebottompattern doubletopreversal gbpjpyshort gbpjpylong gbpjpyprediction gbpjpyanalysis gbpjpyforecast
We expect further downside on this pair, signalled by the formation of a double top. We can also see the breakout of a short-term trendline which further supports our directional basis.
Trade closed: target reached:
Target smashed!!! We done for the week. Onto the next week before we close for Easter! Hope yol have a good weekend!
Comment:
Pair is still down almost 1 month after signal!
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