11021992
Short

GBPJPY short idea based on fib

FX:GBPJPY   British Pound / Japanese Yen
197 2 13
Hi traders,

On the GBPJPY             we can see that price is reaching the trendline that has formed. At this area we also have the 50% Fibonacci retracement , 161.8% Fibonacci extension and 127.2% Fibonacci extension . This is just a few pips above current market price.
Entry: 135.816
Stop: 137.250
Target: 133.445 = R:RR 1.65

Good luck! Updates will follow.
Trade active
Trade closed: stop reached
Thanks for sharing bud, liking the set up and trade active :)
Reply
11021992 BigBear74
Alright, let's go!
Reply
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