DLavrov

GBPJPY Short Trades

Short
FX:GBPJPY   Sterlina / Yen giapponese
Price passed through the kumo and we got several sell signalsl. If you opened short trades from the levels (blue levels on the chart), now you must be in good profit. As for a new trade signal, price is at Tenkan line and probably we'll see price reversal and down movement. Place sell-stop orders below 142.70 with stop above the local swing high or 144.00 level. Profit target for all short trades can be at 140.00 level or we can use trailing-stop orders for exit.

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