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Cenotaph
Jan 30, 2017 12:28 PM

GBPJPY short Short

British Pound/Japanese YenFXCM

Description

Short setup looming, watch the trend resistance lines (green diagonal lines), it will retest the resistance level first before another move down is made.

This short retracement is likely to continue till 0.5 fib. But i take profit before the first major support around S1 weekly

Trade closed: target reached

Quick win people

Comment

More potential downside here

Comment

On the break of this neckline, buy till next resistance

Trade closed: target reached

gj buy went well
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