PULEMokhothu

GBP / JPY 151240 -0.09 % SHORT IDEA * TREND CONTINUATION

Short
FX:GBPJPY   Livre sterling / Yen japonais
HELLO EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE POUND / YEN.

-The pair is trading in that descending channel with significant momentum towards the downside.
- Upon open today we've been in the formation of a bear-flag possibly signalling continuation.
- Targeting both the FIB EXT on the pair should we rally down to break below on this one.

here's where we where in the past week.


* looking for trend continuation on this pair.

IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE

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