TradingView
PULEMokhothu
Nov 29, 2021 5:28 PM

GBP / JPY 151240 -0.09 % SHORT IDEA * TREND CONTINUATION Short

British Pound/Japanese YenFXCM

Description

HELLO EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE POUND / YEN.

-The pair is trading in that descending channel with significant momentum towards the downside.
- Upon open today we've been in the formation of a bear-flag possibly signalling continuation.
- Targeting both the FIB EXT on the pair should we rally down to break below on this one.

here's where we where in the past week.



* looking for trend continuation on this pair.

IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________

* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________

| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Comments
nyny1
Love this. It's basically identical to my analysis so I'm happy it's basically confirmed 😁😁😁
JoeChampion
You are awesome!
More