akhostov
Short

Bearish Shark Pattern on GBPJPY

FX:GBPJPY   British Pound/Japanese Yen
41 1 0
We have a Bearish Shark Pattern that is forming on the GBPJPY             . The great part about this setup is the 0.886 XA retracement matches perfectly with previous structure (dashed red line). We will see a completion around 178.76 and possible first target 178.416 for a nice ~35 pips. Currently, we have the currency bouncing off a trend-line resistance. Best time than any to join the ride to the D-point.

Trade wisely, Trade Responsibly.
so that worked out quite well. Made a profit going up to completion and profit going back down. + 70 pips
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out