RedStaR
Short

GBP/JPY: Small profit opportunity

FX:GBPJPY   British Pound/Japanese Yen
106 4 0
This is a relatively minor chart to grab some pips in the 20-60 range.

Watch out for the triangle breakout, set entry orders above and below the triangle sides to catch the breakout.

Building on my previous chart, market sentiment for this pair is bearish , so a break downward is more likely.
chace
3 years ago
Where is your Bearish Bias coming from?
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chace
3 years ago
Is that a short term view or long term?
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RedStaR chace
3 years ago
This is a 15 minute chart.
Reply
RedStaR
3 years ago
Price just broke out of the triangle

A +160 pip profit!
Reply
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