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RektGroper

Decending channel continuation for Sterling/Yen?

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
RektGroper  
OANDA:GBPJPY   British Pound / Japanese Yen
Chart Patterns Trend Analysis
1
0
chartpattern trendanalysis
Lots of nice pivots come out of this level. Good chance price will reverse to test the bottom of the channel. Good place for a stop just over the previous swing high. Looking for bearish formations on lower time frames for entry. Good luck.
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