FX:GBPJPY   British Pound/Japanese Yen
103 0 5
Bearish downtrend in !H and higher timeframes looks to continue as the bearish flag completes it tiresome journey. However, a rule of thumb to trade by is to "Never Fade the Momentum". So I won't. At the completion of the bear flag I will enter a short position and ride the GU/GJ pair to their new lows. Not at the same time, either, since there is no point in doubling the risk for a pair that move very similar.

Related Ideas

crelliott0302
Trade active
crelliott0302 about USDJPY 2 5 months ago
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