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GOLD-ROCK

GBP/JPY : Weekly Bearish set up for lower Targets

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
GOLD-ROCK Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis
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trendanalysis chartpattern beyondta
GOLD-ROCK : In my weekly chart i observe a long term bearish channel from 2007-251.115 and into 2009-118.822 that has formed a bearish Downtrend channel intact. I expect price to hit first target 147 and second target 137 ahead. Place SL at 153.9 and short it down. Trade safely and Gd-Luck Buddies. Gold-Rock.
Trade active:
Short it down at 153.2--153.35 at any point in this range and TP first target 147 and second target 137. Place SL at 153.9. Cheers.
Trade active:
with shorts taken from 153.7-153.35--153.2 you can add further at 153 and make profits towards 147--137 longer term. SL you can place at 153.9. cheers.
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