gbpjpy SELL / SHORT.
here is a nice set-up for a short coming close now on GJ...
its the retest of the broken ascending TL.. along with the retest of yesterdays broken support (now should act as resitance).. and also the 38.3 fib retracement of the move down.. i believe this may at worst go to the larger faint fib 38.2 retrace i have marked on this chart too, so the SL should be perfectly acceptable.
obviously take partials along the way and put SL to BE once in profit.
its the retest of the broken ascending TL.. along with the retest of yesterdays broken support (now should act as resitance).. and also the 38.3 fib retracement of the move down.. i believe this may at worst go to the larger faint fib 38.2 retrace i have marked on this chart too, so the SL should be perfectly acceptable.
obviously take partials along the way and put SL to BE once in profit.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.