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SimpleMillennialAverage
Mar 3, 2017 10:37 PM

GBPJPY Daily Resistance slowly getting heavier Short

British Pound/Japanese YenFXCM

Description

FX_IDC:GBPJPY looks like its consolidating for a breakdown but its holding up pretty well this year. No positions as of yet but if this pair is indeed going to breakdown in the near future then the best short entry points is right along the Daily 50MA/Triangle resistance if it reaches that level.

Any feedbacks are appreciated!

Comment

No trades so far but my preferred short entry will be on the 141.60-142 range

Comment

Don't breakdown on me yet GJ. I have yet to get my preferred entry level

Trade active

Daily support broken, took short position on a pullback

Entry: 139.151
SL: 139.335
TP: (tp1)138 (tp2)137 (tp3)136

Comment

Daily view of the breakdown

Trade closed: stop reached

Comments
Yakir
jewelry entrance
thanks
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