GBPJPY - Bearish Shark Pattern

FX:GBPJPY   British Pound / Japanese Yen
Bearish Shark Pattern as a countertrend trade is something I would engage. The reason is Point D is at Point X of the Shark Pattern that acts as an Additional Resistance level for a counter-trend move.

Trade closed: stop reached: Stop Out: 150.90(-33)

DM me if you want to learn the right skills to analyse the market and no longer rely on others for profits.

Join our Official Telegram Group

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.