FinancialGamblR

GBPJPY range play

Short
OANDA:GBPJPY   British Pound / Japanese Yen
* Pair currently respects both top and bottom boundaries
* after stalling at the top, selling pressure is beginning
* My entry is slightly early at the neckline, but it allows me to have a slightly tighter stop
Comment:

* Stop loss can be moved lower just above the lower high
* If pair breaks above the lower high, we can be concerned about the end of this down trend

~FinancialGamblR, or at least that's what they call us retail traders

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