farid_ardavani
Short

GBPJPY short set up, now or later?

FX:GBPJPY   British Pound/Japanese Yen
Bat pattern .
ending diagonal pattern (in the C wave)
divergence.
there are resons a trader can short the pair now.
waiting for break of 2-4 trend line (red one) is a conservative approach.
but dont forget, there is a possibility for more upward moves for completing C wave of ABC.
so if you enter right now, your stop must be upper that levels of completion of C wave.
for more longterm views, check out related posts.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out