J_Graystone

GBPJPY Pattern Short following break of daily triangle

Short
FX:GBPJPY   British Pound / Japanese Yen
Following the recent break down of the daily compression channel, although I think this could be a short lived move for the bears, there is a high probability that we will see that breakout retest zone hold some resistance.
There are two advanced ratio patterns completing at that level for an aggressive short for a quick one in and one out.

Good luck in the markets guys.

Jason G