British Pound / Japanese Yen

Short

Short GBPJPY on DeMark 9 Sell Setup

Updated

Already short GBPJPY based on DeMark Sell 9 count. GBP way over bid even before weaker inflation figures this morning. Keep Selling to 149.00

Note

Working nicely thus far and still en route to 149.00

Trade closed: target reached

Nice trade with a testing pullback for 3 bars, but target reached.

Note

Look at how this DeMark set up signalled the top. Whilst they don't always work, esp in strong trends, this example shows they can and then run some!!

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