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HayatoDragonFX

GBPJPY, Daily tf, potential HnS pattern

Short
British Pound / Japanese Yen (FX:GBPJPY)  
HayatoDragonFX  
FX:GBPJPY   British Pound / Japanese Yen
Support and Resistance Trend Lines Head and Shoulders GBPJPY gbpjpyshort gbpjpysell gbpjpyanalysis priceaction priceactiontrading elliottwaveprojection
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supportandresistance trendline headandshoulders gbpjpy gbpjpyshort gbpjpysell gbpjpyanalysis priceaction priceactiontrading elliottwaveprojection

Price might now complete the right shoulders exactly at 61.8 fibonacci level.

I am going to try selling GBPJPY as i think we have one more wave to the downside.

My target will be at the trendline supporting GBPJPY since 20 March 2020.

Sell GBPJPY 153.00
Stop loss 153.90
Take profit 147.90 (5.6R)

Use only 1-2% risk
Good luck
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