Black FridayFino al 70% in meno
Sterlina / Yen giapponese
Short

POTENTIAL SELL ON GBPJPY - DECENDING CHANNEL FORMATION

Di Trader856
Aggiornato
As can be seen from the chart price has failed to break yesterdays high. Assuming this rejection follows through then this trade can potentially be extremely rewarding. Moreover, a descending channel has clearly formed on the lower time frames indicating a possible continuation to the down side. The previous idea ought to be disregarded due to the change in market structure. However, I intend to still look for buy trades on this currency pair in the foreseeable future.

*NOT FINANCIAL ADVICE, MERELY AN OPINION*
Nota
Stop loss price : 167.600.
Trade chiuso manualmente
Bearish PatternsChart PatternsdecendingchannelForexGBPJPYgbpjpyshortTechnical IndicatorsTrend AnalysisTrend Line Break
Trader856

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