justatrader
Short

GBPJPY - Head and Shoulders, Corelation with PnF Charts = Short

FX:GBPJPY   British Pound / Japanese Yen
61 0 1
I've been short GBPJPY             for a while in hopes that the H&S Pattern will fill out. Taking a look at the pair with PnF             charts, we see price hitting the upper channel and triggering a sell signal. PnF             gives a target of 161.785, H&S from line chart points to 163.926.
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