The GBP.JPY is one pair on my watchlist into this evening.
Price broke and closed below the pennant formation on the 24.02.2014
Today we have seen price push and reject the Daily EMA, 141.00 level and retest the pennant formation.
I will be updating this post on the 1hr and 4hr TF once an order has been placed.
Price broke and closed below the pennant formation on the 24.02.2014
Today we have seen price push and reject the Daily EMA, 141.00 level and retest the pennant formation.
I will be updating this post on the 1hr and 4hr TF once an order has been placed.
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Sell stop order is now in place.
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Pending order still live on this pair, awaiting the breakout.
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Still awaiting a reversal at the 138.00 level.
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