GBPJPY Sell Limit

Pending sell GBPJPY
Selling 141.20
Stop 141.63
Target 133.59

Same trade as based on yesterday's analysis. The move yesterday ran a bit more than anticipated and spiked out the highs. From there its began to drop again.

Looking to sell the 61.8 - 76$ retrace levels. This will also complete a butterfly pattern - which I've marked in adjacent to the pattern for clarity - giving a confluence of factors signalling sells in this area.

See linked ideas for more details.

Chart PatternsHarmonic PatternsTrend Analysis

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