dewpoint
Short

GJ - Short Chart - Updated

FX:GBPJPY   British Pound / Japanese Yen
101 2 8
see chart
short continues
30 min break of head and shoulder and now below neckline.. other thing going below 1.394 is bearish and it cracked today..

snapshot
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dewpoint PRO newbie2016
cheers
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dewpoint PRO newbie2016
Thanks for the feedback and chart. i like these types of set-ups, where we have in effect an inverted V head, normally works 80% of the time in a downwards direction, and now we have seen this push through support, looking for fast downwards direction to continue for a few days, then loads of buying as we come to the end of the week, and more given that it's the end of the month, for both short/long positions to be closed off.
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