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TradeYodha
Mar 28, 2015 9:44 AM

#GBPJPY Daily/4H Short Idea Short

British Pound/Japanese YenFXCM

Description

#GBPJPY Daily/4H Short Idea - @TradeYodha (TradeYodha.com)

1. Daily 200sma in the zone
3. 4h 50sma is in the zone
3. Fibonacci Cluster
4. Possible harmonic move on 4H
5. 38.2 Fib retracement on 4H
6. Very good R/R ratio if market holds this level on Daily as well.

Wait for confirmation in the zone
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
Comments
TradeYodha
Update: Target 1:1 was achieved
TradeYodha
Cypher and Bat around this are of short
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