kakaria.smit

GBPJPY Long and Short opportunity

kakaria.smit Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
GBPJPY is at the intermediate support.

It can make a double bottom and reverse or break down.

Wait for a reversal sign before going long.

Risky traders can short as soon it breaks down and risk averse traders can wait for a retest.

In both the cases Risk to Reward is pretty solid.

Do you your own research before entering any trade.

ALWAYS put a STOP LOSS.

Let me know your views in the comments.
Trade active:
The short trade is active and in profit of 150 pips.
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