GBPJPY SHORT IDEA 1:2

Updated
Short Entry on GBPJPY 162.57

Rejects off a recent price area where it crossed a 40 day moving average and breaks back below the price of the 14-3 day raw stochastic RSI of 30%

Looking for the price to fall down towards the 161.96 area & possibly further

Will be watching price action around the 162.41 area

S/L 162.87



Note
Stops Brought to breakeven.

Trade Currently running 1% in profit
Trade closed: target reached
Chart PatternsGBPJPYTechnical IndicatorsshortTrend Analysis

Disclaimer