Following up from my prediction last week which resulted in 500+ pips, I'm now revealing my long term view for GBP/JPY. I'm expecting the Great Britain Pound to continue all the way up to 156.500 to complete this bearish shark pattern!

The measurements for a valid shark are detailed below.
C: 1.13 - 1.618
D: 1.618 - 2.24
Final X to D: 0.886 - 1.13

I'm still holding my position from last week with my stop loss in profit, I plan to continue holding it until we complete this shark pattern at 156.500.

Safe trading everyone :)
5-0 PatternBearish Sharklewglasgowlewisglasgowsixfigurecapital

📈 Master the Art and Science of Trading: sixfigurecapital.com
Also on:

Related publications

Disclaimer