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Education

GBPJPY - Cup and Handle Formation - Educational

FX:GBPJPY   British Pound/Japanese Yen
205 2 5
Cup and Handle Formation
Comment: Shorted and price has now gone to the tray - Amazing 200 pips run. Took profit.
Trade active: Now have gone long
Comment: 100 pips locked in with great impulse move
Comment: Trade closed by trailing stop. See update below
I didnt like the way the daily candle ended. Here is my updated view
snapshot
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thanks for the heads up on the cup!!
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