GBPJPY - Short

FX:GBPJPY   British Pound / Japanese Yen
89 0 3

- Group of moving averages is well spread and pointing down, indicating with a high probability that a solid down trend is in place
- Formation of a bearish triangle pattern in a well established down trend;

Entry @ 159.26
SL @ 162.8
TG is open, although my first "mental" target is the 150 key round level.
Trade Management: boxes in units of risk-to-reward ratio

Lets see what happens.

Happy trading all!
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