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greenturtletrader

SHORT ON GBP/JPY ON 4 HOUR CHART

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
greenturtletrader  
OANDA:GBPJPY   British Pound / Japanese Yen
Support and Resistance Supply and Demand Fibonacci
2
0
supportandresistance supplyanddemand fibonacci
GBPJPY

The pair has recently form double top pattern on daily time frame .

Also just break down trend line on 4 hourly time frame .

A Target 1 is 163.000 and Target 2 is 161.800.

On a shorter time frame it has formed head and should pattern.

Also fibonacci retracement is also on important levels .

This is for educational purpose.
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