ridethepig

GBPJPY Shorts on Hourly Chart

Short
ridethepig Updated   
FOREXCOM:GBPJPY   British Pound / Japanese Yen
Here we are zooming in for those wanting to track the initial move in this large leg on a small time-frame.

Those who follow the account here will know we recently uploaded a Daily chart on GBPJPY with shorts all the way to the bottom of the range. Here we are showcasing an initial impulse move down at resistance.

For a more detailed breakdown on the macro and fundamentals please see our related ideas where Brexit has been explained in depth.

Best of luck and feel free to open up the discussion here
Comment:
Main short position filled at 148.334
Comment:
Support breaking after Europe goes home for the weekend
Comment:
Looks very scary to close the week like this
Trade closed: target reached:
To the tick! Well done shorts!
Comment:
A quick chart update after targets are hit


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