FX:GBPJPY   British Pound / Japanese Yen
57 0 0
Possible short trade on GBPJPY            

Price broke the Daily uptrend line to commence downtrend and start a fib pattern

Price then reversed at the 0% FIb which was roughly confluent with Daily/Weekly support and resistance

It retraced all the way to the 61% fib level before finding resistance and continuing back in downtrend

First target is the 0% Fib level at 181.440 which is roughly confluent with Daily/Weekly S&R

Second target is around 171.921 which is confluent with weekly S&R

Stop Loss at 183.092

Risk/Reward - 1/3.87

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out