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Cenotaph
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PoundYen short setup  بيع

British Pound/Japanese YenFXCM

الوصف

This pair has met long term trend resistance at around 146 price level where it bounced off. There's div as well that signifies likely reversal. Enter early as shown, or wait for it to break the next trend support line.
Tomorrow Brexit related news that can strengthen yen due to uncertainty.

Good trading all

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تعليق

moving down a bit fast, dont be alarmed when there's a pullback

تعليق

If it breaks here, i expect more up again

تعليق

I'm a buyer now, cashed in on the short. Took this long trade

تعليق

buying more of this pair

تعليق

buying is done, looking for shorts.

تعليق

Buy till Monthly R2, watch the resistance area at Weekly R2 pivot!

تعليق

Once it reaches that Monthly pivot,sell it
التعليقات
Pter
Thank u for sharing Sir.
Have a nice day.
Pter
Thank you so much ,sir.
Looks like we need to wait Supreme Court??
Have a nice day.
Cenotaph
@Pter, I'd rather see it move down before the news hits. Around news events there's a decrease in trading volume that causes the spread to increase meaning you get filled much worse.
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