Fx_Trader_ViSa

GBPJPY Short Side Trade .

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY is trading in ascending channel pattern .After reaching at resistance level ,it has higher chance of retracement on down side . According to chart pattern analysis , we might see down side in GBPJPY towards support level of channel pattern then if it break channel pattern on downside we might see next down side target for GBPJPY is support zone as shown in chart. one can initiate a short side trade on GBPJPY with proper risk management and stop loss

Thank You

Comments

After reading this post i learn about GBPJPY. Thanks for this chart
+1 Reply
Fx_Trader_ViSa Fatema_Ahamed
@Fatema_Ahamed, your welcome mate...i try my best to keep it as simple as possible..
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I love this kind of analysis! thanks! 🦐
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great chart!
keep it up dude
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Fx_Trader_ViSa Sinigdha123
@Sinigdha123, thanks mate.. Sure..
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Nice job
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Fx_Trader_ViSa Gorge_patison
@Gorge_patison, thanks mate..
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view / opinions are welcome to discuss..!
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