***GBPJPY SHORT SET UP*** 26 APR T.178.50

FX:GBPJPY   British Pound / Japanese Yen
1. Potential rising wedge pattern
2. Trend Line confluence
3. Resistance @ 181.00 handle
4. RSI bearish divergence.

I'm shorting also, but my target is 175 area.
+1 Reply
Yahia.Awes Yahia.Awes
And maybe even lower, before rising up again.
@Lighthousekeeper Thank you for your contribution. A very good one at that! I may add more lots to my trade on the back of your analysis! Beautiful WW by the way :).
+1 Reply
Yahia.Awes Pip_Alchemist
Thanks for the kind words, just keep your risk managed :)..
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