GbpJpy Update 25 Apr 2016

FX:GBPJPY   British Pound / Japanese Yen
401 5 22
Dear friend's
in recnt analysis i was waiting for reaction on trend line but it didn't happen and break it powerful. now i am waiting for pullback and buy.

hope this analysis usefulfor U.

kind regards,
ready for pullback?
Comment: i am in sell with 163 stoplose
Nice analysis here but bets against GBP have not been very successful in the past week.
+1 Reply
mrezaei mrezaei
I shorted it when I posted my last comment and had to step out break even.
We have a bearish bat right here, why not short it now?
+1 Reply
event may not occur. it is necessary to determine stoloss and then we will see that no false breakout. strtgy for long terms
+1 Reply
yes you are right. but its not a signal for short term swing its long for long term. anyway its better to confirm in buy position.
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