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British Pound / Japanese Yen

GBPJPY - Potential Long and short senario

By VinnyTheTrader1
Updated
GBPJPY channel down.. potential long after breakout.. SWING target 143.45 area..

Please hit like to support and follow for more ideas..

Vinny
Trade active
70 pips since i posted this chart..
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looks like a false breakout..scenario 2 ..
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long running with 40 pips.. will close my position before CPI data unless its positive..
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close short GBPJPY.. daily support level.. wait for next entry for short or long...
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breached daily support... entered short again.. target trendline or next fibonacci level..
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snapshot fibonnaci .618 continuation downtrend expected...
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running 35 pips from .618 level.. hoping to break the resistance but needed strong bear action.. anyways in profit...
Chart PatternsGBPJPYgbpjpyanalysisgbpjpyforecastgbpjpylonggbpjpy_outlookgbpjpypredictiongbpjpyshortTrend Analysis
VinnyTheTrader1

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