2104 GBPJPY could test low in 2016 first for 1100 pips
Hello traders,
GBPJPY could not pass the red level and is making a bearish top on daily chart.
We have sent a signal on GBPJPY 4 days ago and this signal now almost hit all it targets now.
The downtrend channel could help to find out how far it might go to.
The new recent low which is also low in 2016 is a support where GBPJPY to rise from. The new lowest low we are now looking for is low in 2011.
Good luck on this pair.
LESS IS MORE!
GBPJPY could not pass the red level and is making a bearish top on daily chart.
We have sent a signal on GBPJPY 4 days ago and this signal now almost hit all it targets now.
The downtrend channel could help to find out how far it might go to.
The new recent low which is also low in 2016 is a support where GBPJPY to rise from. The new lowest low we are now looking for is low in 2011.
Good luck on this pair.
LESS IS MORE!
Trade closed: target reached:
Almost hit all targets now.
Or where is the entry to open order to sell again?
Let me know what you think.
Will post my idea later.