GBPJPY DAILY CHART BEARISH IDEA

There's a potential head and shoulders pattern on the daily chart with the 147 level and a trendline essentially being the levels to break. If there's an impulsive bearish move breaking 147 to the downside I'll be looking to short to potentially the 140 area. There's some confluence around that area that may be a magnet for bears to drive price to.

Trade ist aktiv:

I shorted at 152.40s and took partial profits at 148. Currently the remaining position is risk-free.

Trade wurde manuell geschlossen:

sorry for the late update. I was trail-stopped out on the remaining portion of my position for 1,030 pips.