Smokwawelski

GBPJPY SHORT ON HVF

Short
Smokwawelski Updated   
FX:GBPJPY   British Pound / Japanese Yen
Based on Hunt Volatility Funnel theory we can expect squeeze on pair towards continuation eg down
pair has drown typical 3 tops and 3 lows forming funnel.
now we are at decision point forming so called primer eg funnel within funnel on shorter time frame.
I assume we can get nice short enter possibility at round number eg area 146.5-147
Stops very tight as shown
Comment:
RRR near 10
Trade active:
we entered short as planed
short after that the price broke down the consolidation ..
it looks like pain free trade has just begun...
lets wait for more squesse
Comment:
after falling under 1,44 the move may accelerate the pace ...
Comment:
THE PERFECT STORM IS COMMING FOR THE PAIR ..
Comment:
very nice short ride till now
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