Gbpjpysell
GBPJPY, 4hr tf, break of trendlineAnother pair to trade is GBPJPY.
Setup is pretty much like my GBPCHF ideas which is bearish flag pattern.
Although this bearish flag is not as clean as GBPCHF, it is very possible GBPJPY also making a bearish flag.
Sell GBPJPY 152.00
Stop loss 152.70
Take profit 149.10 (5.5R)
Use only 1-2% risk
Good luck
Enter on your own risk
GBPJPY, Daily tf, potential HnS pattern
Price might now complete the right shoulders exactly at 61.8 fibonacci level.
I am going to try selling GBPJPY as i think we have one more wave to the downside.
My target will be at the trendline supporting GBPJPY since 20 March 2020.
Sell GBPJPY 153.00
Stop loss 153.90
Take profit 147.90 (5.6R)
Use only 1-2% risk
Good luck