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RandyFuego
17 de Fev de 2020 15:29

GBPJPY 163 pips Short Idea Viés de baixa

British Pound/Japanese YenFXCM

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Great opportunity to short the GBPJPY, bearish daily candles are starting to appear on the chart. Our signal to sell is this breakout of a pennant to the downside and the rejection from the trend line on the daily chart.
The upside seems to be capped with a dogi daily candle on the daily chart just under the trend line. We expect heavy selling pressure due to continuous pessimism about the UK - EU trade deals.

Good luck and trade safe.

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Daily chart.

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Entry point idea
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