GBP/JPY Pending sell order for 70 pips!

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Hi guys,

Please check my chart to understand what I will be doing with this pair.

* Enter position will be at 148.700 if prices reach this level and break trend lines on M15.
* Profit target at 148.00

==> Potential profit: 70 pips. Don't be too greedy :-)

Feel free to like/comment !

Cheers

Jesse
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Good luck !
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Hi guys,

Interesting what happened at yesterday's session. Prices broke supports and is now heading to M15 support line. Should prices break, they will fall hard and next support should be seen at around 148.

Have a look at volumes (VERY IMPORTANT): the more prices go up, the more buyers are decreasing. This is a good indication that prices should continue to go down next week....

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Cheers

Jesse
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Bearish PatternsGBPGBPJPYHarmonic PatternsjpyshortTrend Analysis

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