elegipcio

GBPJPY warm RED winter

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY confirmed yesterday the down trend direction along with other pound pairs
Go short till
TP 135.500
TP 131
NOTE: 140.100 <-- is a magic number , the price will go back here AFTER BREAKING 138.800
As explained closing below 135.444 call for the next block to reverse from there starting the uptrend

Comments

The yellow lines range embedded between the two black ones , is an area of distribution , good for one intra position one short one long, the more should be the short ones whenever up
Reply
Expect a spike near or equal to the previous top before start the down trend
Reply
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