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managingchaoscapital

GBPJPY shorting opportunity

Short
British Pound / Japanese Yen (FX:GBPJPY)  
managingchaoscapital  
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY short Forex GBP jpy
4
0
gbpjpy short forex gbp jpy
Very good opportunity to trade the bearish trend :

-Just hit 0.5 fib level
-Previous support trend becomes resistance
-Trend is bearish
-Market overbought at 75 index level (RSI very harsh index settings here)

TP is at 148.588 long term at the 1.272 fib level

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