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Gargamel6500

GBPJPY Descending Channel

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Gargamel6500  
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY Descending Channel
2
0
gbpjpy descendingchannel
Will look for a retest in a lower time frame or a trend continuation setup to go short.
Since i am not entirely convinced that this will move down all the way, i will aim for the 100 EMA in the daily chart.
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