Selling opportunity in GBPJPY
There is a Gartley PAttern formation in the 4 hours chart of GBPJPY. The currency pair has started to reverse from point D in the pattern . It is likely to go down upto point B of the pattern, a calculated target for chart pattern. However, traders can wait for the daily closing below 133.90 before going short in the pair to confirm the downside momentum . Trade information is as follow:
Short- 133.90
Target1- 132.277
Target2- 130.90
Sl - 136.15
Short- 133.90
Target1- 132.277
Target2- 130.90
Sl - 136.15
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.