GBPJPY Channel Boundaries

FX:GBPJPY   British Pound / Japanese Yen
446 6 32
The trend is your friend!
Comment: Keep following this one, will be good!
Comment: now its broken, wait a setup on lower time frames and sell!
Comment: amazing movement
Hi Piet,
I am not sure about going SHORT at this level cause :
1. the weekly chart shows it bounces off support
2. Daily candle on March 25 is quite bullish and market clearly respect the TL that you draw on the bottom

+1 Reply
Piet.Hein Heribud
very nice analysis mate, thanks for share, yes you are totally right, because of these reasons I would short only after this ascending trendline breakout, so far its holding price.
Heribud Piet.Hein
Now, I am going Short, market has broken the TL
Piet.Hein Heribud
good position :)
Nice and simple, I like it!
me too ;)
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