GBP / JPY 151.344 -0.35 % SHORT IDEA * TREND CONTINUATION

HELLO EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE POUND / YEN

* A beautiful break below the support level triggers this trade, we saw a breakout of an ascending channel that saw significant momentum toward the downside.
- Short term the pair looking for a momentum continuation possibly signaling a strong bearish momentum on the 4h chart this this stands from the bear flag we are currently trading in, a break above second plan comes into play.
- Looking for short entries on GJ this week should all the rules of the formation be met.

lets see how it goes


IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________

* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________

| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Ascending ChannelbearflagpatternbearflagsbreakouttradingChart PatternsGBPJPYgbpjpyshortgjshortTechnical IndicatorspulemokhothuTrend Analysis

Also on:

Related publications

Disclaimer