peterbokma

GBJPY-SELL strategy

Short
FX:GBPJPY   British Pound / Japanese Yen
The sell strategy suggested so far is working well.

No change in view, SELL 157.00-157.25 (but you can adjust it at your own if needed). The stop-loss can be moved lower 157.85 for now. The profit order 155.37. The Donchian clearly shows the upper boudary and stochastics are negative giving the change for the move down.

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