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mmackk

GBP/JPY - SHORT Long term position, with great risk/reward ratio

Short
British Pound / Japanese Yen (FOREXCOM:GBPJPY)  
mmackk  
FOREXCOM:GBPJPY   British Pound / Japanese Yen
Trend Analysis Wave Analysis Technical Indicators GBPJPY short rsi_overbought Double Top long-term riskreward highpofit high
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trendanalysis waveanalysis indicator gbpjpy short rsi_overbought doubletop long-term riskreward highpofit high
The price reached the previous highs. It created a double top and crossed the uptrend line. Also RSI reacted to the overbought and started to 'look' downwards.
Great potential here for positions that will stay open for a few days or maybe couple of week in order to be profitable.
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