AndrewFx2020
Short

GBP/JPY ABCD Pattern - JPY to continue to strengthen.

FX:GBPJPY   British Pound/Japanese Yen
a year ago
Ever since the $DXY             on the 1 hour chart had broken the 200 SMA , I've been trading short JPY. As expected, GBP/JPY             has fallen, and now the expected retrace is happening.

I expect price to rise to 185.00 and then for JPY to continue its march forward.

NOTES:
- JPY strengthening
- USD weakening
- Whole Number (185)
- Approaching 200 SMA
- Previous area of support.

Good luck from the land downunder.
a year ago
Trade active: PRZ was correct....

For now, I'm selling the low's and patiently waiting for price to retrace before buying again.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out