PoundYen short setup Satış

British Pound/Japanese YenFXCM

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⋅ 6 Ara 2016 07:51

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

İşlem aktif

⋅ 6 Ara 2016 15:37

Yorum

⋅ 7 Ara 2016 10:05

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

Yorum

⋅ 9 Ara 2016 02:00

If it breaks here, i expect more up again

Yorum

⋅ 9 Ara 2016 09:57

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

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⋅ 12 Ara 2016 09:49

buying more of this pair

Yorum

⋅ 12 Ara 2016 15:06

buying is done, looking for shorts.

Yorum

⋅ 14 Ara 2016 14:03

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

Yorum

⋅ 15 Ara 2016 03:53

Once it reaches that Monthly pivot,sell it

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Pter

⋅ 15 Ara 2016 04:28

Thank u for sharing Sir.
Have a nice day.

Pter

⋅ 6 Ara 2016 08:18

Thank you so much ,sir.
Looks like we need to wait Supreme Court??
Have a nice day.

Cenotaph

⋅ 6 Ara 2016 08:27

@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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