junoooo

Breaking trendline - Short opportunity

Short
junoooo Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Hey guys!

We had a nice run within the last 2 weeks.
Pretty easy trading between two bullish trendlines like shown in graph.

The uptrend seems to stop now, trendline was broken. SMA 5/20 giving us also sell signal.

As u can see: There are some smaller Support areas around ~146. The next stop will be 144.5, which i think we will reach within the next 2 days.

Happy trading!

!! Mention: That is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.


Trade active:
still active, dont be afraid of little bounce back from support area.
should stop below 147
147.5 trade stopped
Disclaimer

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.