An ambitious short looking for 1250 after a double top and a trendline break
After BOE cut spike a short fib trade believing in a 78,6% retrace
A downtrend channel Trade targeting the middle line
After The BOE CUT gbpjpy is violating the Brexit Low level at 133,185
A good reward /Ratio Setup assuming a bullish trend
Short GBPJPY trade idea: fib 160,111 - 128,592 if the 61,8% retrace holds..
a GBPJPY channel suggests me a nice short before the rate decision targeting the brexit 133,13 low and even more the lower channel 130 level
GBPJPY cross is violating a big trendline that I have been shorting after brexit , long still need more confirmation, new levels beetween 133 and 145 may be interesting targets
Next level 133 and further 127 .. if the downtrend channel holds
Shrto after the red trendline break, after weekend gap was filled and not violated
I'm taking this short after JOLTS data targeting the 123.6% fib of the last move
I'm targeting the 50% fib of the last short movement 158.41
Violent break of cable, I place this short targeting 159,50 - 160 area Stopl Loss on 162 is fine, gbpjpy few latest short attempts failed so this could be a very profitable trade ,I have been since friday waiting for it
Price action is testing the lower channel that was started the 6th of may, so the question is Channel breakout or back to long ?
A today's short trade related to the previous long based on the ascendente channel, after hit the lower level of the channel the price action may break the channel down or bounce back inside the channel.. that's next week trade I guess
The previous short failure and the new channel setup suggest a long trade targeting upper channel at 162