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Fiiyat
Apr 26, 2015 3:27 PM
***GBPJPY SHORT SET UP*** 26 APR T.178.50
Short
FX:GBPJPY
240
British Pound/Japanese Yen
FXCM
Description
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Apr 26, 2015 3:27 PM
1. Potential rising wedge pattern
2. Trend Line confluence
3. Resistance @ 181.00 handle
4. RSI bearish divergence.
R
Wedge
Supply and Demand
Comments
ElPatron.Y
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Apr 27, 2015 10:13 AM
I'm shorting also, but my target is 175 area.
ElPatron.Y
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Apr 27, 2015 10:13 AM
And maybe even lower, before rising up again.
Fiiyat
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Apr 27, 2015 11:56 AM
@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 :).
Regards
R
ElPatron.Y
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Apr 27, 2015 12:09 PM
Thanks for the kind words, just keep your risk managed :)..
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