GBPJPY bearish shark completed. Sell target 132 pips

18 Ağu 2016

After strong rally of GBP due to higher than expected retail sale, GBPJPY complete the bearish shark. Target 100% CD at 130.3. Expect 132 pips. Stop loss 10 pips above 132.049.
C point is also pull back of 61.8 from last built top bottom.

22 Ağu 2016

Not

Increased stop loss to 130.67. Take profit.

Trade closed.

Buy back at 130.5