Possible Short on GBPJPY // Downtrend Channel

14 Eyl 2020

It seems GBPJPY is respecting downtrend channel on H1 timeframe. The target is the next important support to test with level 134.108

15 Eyl 2020

İşlem aktif

Channel is being tested again. We still don't have signs for cancelling the trade. Let's see if price goes below this 135.800/400 zone and reaches the target. We'll cancel the trade if the price closes above the major trendline and doesn't fail retest.

15 Eyl 2020

İşlem elle kapatılmış

Trade failed. Channel has been broken upside. Going long right now at level 136.106