Considering the current rally on the GBPJPY
, and the double top
formation. Could this be a potential 2618 trade setup. If we break 187.83 and close below this could signal a trigger of the 2618 trade on a rally of the GBPJPY
with us looking to take a short on the 0.618 fib retrace if it does occur. Targets would be close to near term structure.
Good Trading Guys