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justinholtgrave

GBPJPY - Bearish Engulfing

Short
British Pound / Japanese Yen (FX:GBPJPY)  
justinholtgrave Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis GBPJPY GBP jpy short SELL Engulfing Candle Bearish Patterns Daily Charts Trend Lines
6
0
trendanalysis chartpattern waveanalysis gbpjpy gbp jpy short sell engulfingcandle bearish daily trendline
GBPJPY has formed a bearish engulfing candle on 7/10/17. Price failed to break above previous support. SL set above previous highs, TP set around 61.8% fib level near the trendline.
Trade closed manually:
Trade closed at break-even. I will look to re-enter after the close of the next bearish engulfing candlestick on the daily chart.

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