GBPJPY Trade Idea Harmonic White Swan and Bearish Shark
Published: 07-12-2018
Pair: GBPJPY
Description: Bearish Shark completed at 148.550 and Bearish Swan at 148.700. A minor correction is predicted.
Note: The trend is strongly bullish and the pair break above the main resistance at 148.00 -148.200. The target of the formation is limited with ex-resistance / new support 148.200 – 148.000.
Our GBPJPY Trade Idea:
Trade: Short
Entry: 148.800 / Confirmed by MM as well.
Stop: 149.100
Target 1: 148.200
Target 2: 147.800
Good Luck
Comment
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148.630 - 148.800 area of the entry.
Comment
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We close 50% of the position at 148.300 with 50 pips and move our SL to entry.
Trade closed: target reached
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With 100 pips we go out of the trade. Update is coming soon