MaryJane
Short

Brexit or Brestay?

FX:GBPJPY   British Pound/Japanese Yen
453 2 42
The Chart of the Pair seems neutral-bearish. The newest poll caused a sharp drop to the flags bottom edge.
The "Brexit" referendum on the 23. 06. 16 is still the dominating subject in the British pound. Now this week became known some new surveys according to which it looks rather after one head-in head running of both camps than after a clear victory of the "Britain stays in the EU" advocate.
Should the Pair break through the flags bottom , a new sell-wave could be exspected. TP could be the longterm-38,2 fibo retracement at 147.
Should the Pair reenter the trading corridor between 154-164, a shortterm longsignal apears. (blue arrows)
Good luck
Trade active: Shorts are interesting now
Trade closed: target reached: TOP :-)
Certanly I would put a stop short order bellow 151 and wait for price to hit me
Reply
MaryJane matjaz70
and stopped in....good luck
Reply
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