InvstingWise

GBPJPY short potential

Short
FX:GBPJPY   British Pound / Japanese Yen
Expanding wedge in the making could drive price to break the low. The last leg up is possible, so don't rush to short this. Bearish divergence on the MACD is in play too.

1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence and your perception on how Markets work.
4) You do not have to be extremely precise to be highly profitable as long as you take the set-ups with big R/R.

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