Still bearish on the GBPJPY

GBPJPY already completed a bearish Bat earlier last week, now a smaller bearish Shark pattern has also completed. Looking to short on the quick retracement.

All ready to short at 162.60 with stops above 163.00

Kommentera:

The bearish view was spot on, but that last spike up was such a killer. Took me out of the trade and the train left the station without me.

Posting a bullish view on GBPJPY in 5 mins. Look out for this