GJ GOES BERSERK LIKE RAMBO HUH

Short

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

trendanalysis chartpattern gbpjpy gj sell short bearish tayor trendsturucture structure

GBPJPY

Setup: Structure breakout

Confluence: Strong Bearish Momentum

I'm targeting GJ to drop further. However, price had dropped for some time already. Might running out of steam and can reverse anytime. If trade against my direction. I will reverse my position as well.

Entry:

Sell @ 132.10
SL @ 132.70 (60 pips)
TP @ 130.00 (210 pips)

Let me know your thoughts. Thanks :)

Trade closed manually:

Closed the trade manually as I can see GBP gaining strength now.

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