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Hello my dear fellow community members,
GBPJPY seems good to sell as it has broken out of the Symmetrical triangle. The targets of the pattern are far below but for the short term, 138.58 and 136.46 may be kept as downside targets.I will place my sell stop order below low of the Friday daily candle. Here is the chart showing the setup.
GBPJPY DAILY CHART
Any comments or suggestions about the setup are welcome.
Happy trading.
GBPJPY seems good to sell as it has broken out of the Symmetrical triangle. The targets of the pattern are far below but for the short term, 138.58 and 136.46 may be kept as downside targets.I will place my sell stop order below low of the Friday daily candle. Here is the chart showing the setup.
GBPJPY DAILY CHART
Any comments or suggestions about the setup are welcome.
Happy trading.
