FalkenFx

GBPJPY SHort

Short
FalkenFx Updated   
FX:GBPJPY   British Pound / Japanese Yen
Looking to short GBPJPY. off of the trendline 4th touch.
Initial target of 1:3
We can see through the data institutions have been building up short positions on the Pound and going long on the Yen, with the COT data.
cotperspective.com/c...poundcommercial.html

Technical Confluences:
Key Level
Trendline 4th Touch
Looking for alignment at the zone in Yen Pairs Particularly EJ.

Catch you later traders ▲
Trade active
Comment:
Took partials at +100
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.