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DrMach

GBPJPY possible HS formation

Short
British Pound / Japanese Yen (FX:GBPJPY)  
DrMach Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Wave Analysis GBPJPY Forex FXCM GBP forextrading short
5
0
trendanalysis waveanalysis gbpjpy forex fxcm gbp forextrading short
first idea

looking for a HS formation at H4 first target should be around 144.50 then back to around 145 and continues to drop.


Target 1 - 144.50
Trade active:
Stop @147.80
Still looking bearish at H4
Trade closed manually:
HS is over. New formation is building will update soon
Trade active:
big HS is still possible on H4. shoulder should be between 144.400 to 145
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