GBPJPY might just want us to go short?

FX:GBPJPY   British Pound / Japanese Yen
147 0 1
I found this setup so convincing that might could give a short position.

Since the price bound multiple time along the acceding uptrend channel . it could might bound back down again.

+ the last Friday the "Pin Bar" was form on the gbpjpy             daily chart .
+ which it was retraced back below 173.75, where it was hold at that level for sometime in 4H chart. where there is an evident from previous day indicate that some seller do make price to move down a bit around at 173.75.

I believe 173.75 - 173.70 could be use as entry point for short position,
and 174.2 should be a good place for stop lost where is just slight above the pin-bar.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out