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Apr 2, 2019 12:15 PM

GBPJPY - Ready for another DROP Short

British Pound/Japanese YenFXCM

Description

Dear community,

today I am presenting you another GBP pair I am shorting: FX:GBPJPY.

As I believe the price is currently forming a correction (a-b-c structure). At this very minute it seems the final wave (c) within the correction is about to get started, which gives me a minimum target of the 50% Fibonacci Retracement. This trade has the potential to easily double your bet, with very little risk on the other side. Use some clever money management and you shouldn't have any issues at all.

I will be updating this trading idea until I am closing the trade. If you wish to get notifications, please make sure you like this idea or even better follow me.

Good luck!

Alysson x

Trade active

Short trade opened at price 145.025.
Comments
FXCM

Great idea, I have a different bullish view on GBPJPY let me know how you think

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