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Michail...Sideris
Sep 30, 2016 12:47 PM

Pumb and Run reversal Top - Break out formation Short

British Pound/Japanese YenFXCM

Description

This is a break out formation with very good decline percentage, You can sell aggressive the break or you can wait for the pullback (63% chance for a pullback)
Target is the bottom of the trendline

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The same setup earlier in the month. The profit was 670 pips!!

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Bearish BAT pattern just formed

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Both targets for BAT pattern have been reached.

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Until now we have 150 pips form the first target of the Pumb & Run reversal Top formation, and another 42 and 69 pips from the bearish BAT pattern.

There is a potential Bearish Gartley pattern at the previous structure

Trade closed: target reached

+200 pips from the second target of Pumb & Run reversal top sell setup
Comments
fx_earner
this time will be fail
Michail...Sideris
Maybe I should call you GOD!!
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