GBP / JPY 151240 -0.09 % SHORT IDEA * TREND CONTINUATION
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.
https://www.tradingview.com/chart/GBPJPY/S5oyDbyY-GBP-JPY-153-491-0-19-SHORT-IDEA-CONTINUATION-PATTERNS/
* 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
____________________________________________________________________________________________________________________
* 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.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
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.
https://www.tradingview.com/chart/GBPJPY/S5oyDbyY-GBP-JPY-153-491-0-19-SHORT-IDEA-CONTINUATION-PATTERNS/
* 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
____________________________________________________________________________________________________________________
* 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.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
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