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nicktarver144

Large trade opportunity GBPJPY downward breakout

Short
British Pound / Japanese Yen (FX:GBPJPY)  
nicktarver144  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators Chart Patterns Ascending Triangle breakout squeeze bigpips
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trendanalysis indicator chartpattern ascendingtriangle breakout squeeze bigpips
Based mostly on the bollinger squeeze and dilation which points to breakout and the direction is most likely downwards. ascending wedge which more often than not points to downward break. price is moving down at this time although trend is still up which is cause for wearysome.
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