GBPJPY Short Opportunity

FX:GBPJPY   英鎊 / 日圓
The price dropped below the kumo and then broke the uptrend line. We get a signal confirming further downward movement. ADX line of DMI indicator rises to 20 level and we should expect for a strong price movement. Pending orders for sell can be placed below the local swing low. If the market drops below this level, we'll get an additional confirmation for a downtrend. Stop orders must be placed above 144.00 resistance level . Profit targets are at 139.00 and 136.00 support levels.
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Yeah, this paire is on my radar, thx you for the poste DLavrov
still retracing, lets wait if it bounces again
Hi @DLavrov is this pattern still a go for short?
@DLavrov Can we accept at this stage that this pattern has failed? Or might it still go down?
Hey Lavrov, do you have a recent EURUSD chart?
Solid trade plan!
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