More detail on my other analysis of GBPJPY likely short

Dec 20, 2020

Fibonacci extension indicates likely 0.618 level or the extended range 1-1.27, which would complete our previous head and shoulders analysis.
Coment below your thoughts and/or constructive ideas. Thanks ;)

Dec 21, 2020

Trade active

Price headed to the 1 - 1.27 Fibonacci level.

Dec 23, 2020

Trade closed: stop reached

I was wrong, it wasn't a head and shoulders, it's an uptrend channel. I changed my position, I'm long now.