GBPJPY: Sell Opportunity At Upper Parallel of Median Line Short

GBP/JPYOANDA

Description

⋅ Dec 8, 2016 1:06 PM

Price has jumped at the upper parallel of an active dowsloping pitchfork where going short is a nice idea. Sl and tp as shown at the chart

Comments

mr.dmizer

⋅ Dec 9, 2016 2:22 AM

The downtrend has not yet been confirmed, so I am afraid your pitchfork might break. Although I would use the exactly same pivots.

JRFreeze

⋅ Dec 8, 2016 1:21 PM

I like that. Could be the top of a large peak...

Fxprotrader

⋅ Dec 8, 2016 2:09 PM

@RJHumphries, Thank you, lets' see..!