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thekwest

Short GBPJPY

Short
British Pound / Japanese Yen (FX:GBPJPY)  
thekwest  
FX:GBPJPY   British Pound / Japanese Yen
GBP (British Pound) GBPJPY jpy short
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gbp-british-pound gbpjpy jpy short
Opportunity on 4hr GBPJPY to go short.

Reasons for entry:
- Trendline resistance
- RSI near overbought
- Bearish candles
- Overall downtrend

Exit:
Reward:Risk = 3:1
Stop - 178.22
Target - 175.83

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