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Thomas_Juchem

GBPJPY - Opportunity to SELL - 350 pips

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Thomas_Juchem Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns GBPJPY short
8
3
trendanalysis chartpattern gbpjpy short
GBPJPY broke a trendline and came back to retest and give us a selling opportunity. Stop loss will be placed on 135.400 and Take Profit on 131.290, around the first Fibonacci Retracement of this wave.

I'll be updating as the trade develops.
Comment:
Put stops below entry point.
Comment:
Closed half of the position. The rest will be running with stops below entry point.
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