GBPJPY has formed a bearish engulfing candle on 7/10/17. Price failed to break above previous support. SL set above previous highs, TP set around 61.8% fib level near the trendline.
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Trade closed at break-even. I will look to re-enter after the close of the next bearish engulfing candlestick on the daily chart.
Bearish PatternsChart PatternsDaily ChartsEngulfing CandleGBPGBPJPYjpySELLshortTrend AnalysisTrend LinesWave Analysis

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