sunnyk
Short

channel break GBPJPY

FX:GBPJPY   British Pound / Japanese Yen
87 2 2
setup ~ price tests resistance on daily + channel on 4 hrs            
trigger ~ break of low at channel edge on 4hr

entry ~ short 153.992 ( fxcm             )
stop ~ 178 pips
targets ~ 178, 269, 356 pips
will be looking to do 2 things here
- exit the trade at break even or a small loss, then
- look for re-entry at break of low of hammer bar
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trade has triggered ...
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