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TomProTrader
May 15, 2016 11:31 PM

#GBPJPY: Bears Breaking To The Lows, Shorts To Be Seen! #Forex Short

British Pound/Japanese YenFXCM

Description

Traders,

Downside to be seen after compelling engulfing signal breaking the corrective channel. We hit small wave retracement implying that the bears have acknowledged this level and have began shorting here. Expecting a nice move here with a good risk reward profile.

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Regards
Tom
Comments
handosul
handosul
Hello Tom.
Could you tell me(us) this pair in future? :-)
I analized myself buy weeks ago but I don't know why I opened short and then this pair is killing me. :-)
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