GBPJPY - Keeping it simple. Complexity can conceal the obvious Short

British Pound/Japanese YenFXCM

Description

⋅ Mar 8, 2018 8:25 AM

Double top with a nice engulfing candle at a level of major daily/4hr structure. This coincides with the 50 EMA acting as resistance also.

Also follows the direction of the new daily bearish trend (below).

(Also applies to EURJPY)

Comment

⋅ Mar 8, 2018 8:30 AM

Trade active

⋅ Mar 8, 2018 8:35 AM