GBPJPY, 4hr tf, break of trendline

Another pair to trade is GBPJPY.

Setup is pretty much like my GBPCHF ideas which is bearish flag pattern.
Although this bearish flag is not as clean as GBPCHF, it is very possible GBPJPY also making a bearish flag.

Sell GBPJPY 152.00
Stop loss 152.70
Take profit 149.10 (5.5R)

Use only 1-2% risk
Good luck
Enter on your own risk
Bearish FlagFibonacciGBPJPYgbpjpyanalysisgbpjpysellgbpjpyshortpriceactionpriceactiontradingSupport and ResistanceTrend Lines

Related publications

Disclaimer