simplejack
Short

GBPJPY Possible break of support

FX:GBPJPY   British Pound/Japanese Yen
27 1 0
Simplejack's H&S has once again emerged and he has broken its neckline. However what lies just ahead is the monstrous support at 175.5.

Will he demolish it..sending it plunging downward where the motherlode awaits thee? Or will he succumb to it, yet again. We shall see in the coming days...

Simplejack might wait for a break of support and a simple retest before shorting the beast.

*Simple target:168
the best form of KISS - keep it simple, stupid! Pure PA love it!
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