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Feb 21, 2019 6:18 PM

GBPJPY 4H SHORT TRADE Short

FX:GBPJPY240
British Pound/Japanese YenFXCM

Description

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Price is in a sideways consolidation
Macd is over-bought so I have a Bearish Trade Bias
Watch Macd for confirmation of Bearish direction
Watch for Bearish breakout of 800 sma

Short Trade
Sell Stop @ 143.95
Sell Take Profit @ 143.35
Find SL
Trend AnalysisChart PatternsTechnical Indicatorsconsolidation-breakoutbreakouttrading800smatradingstrategyguidesGBPJPY4hforextrading
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