Wednesday, October 24, 2012

GBPJPY At Channel Again

I am watching this channel form past few sessions and have traded it and covered my short already. Details [here] & [here]..



myfxvoyage.blogspot.com GBPJPY Short Trade
GBPJPY H1
Currently price is touching the channel again and another short opportunity is coming up. I expect this channel to hold again. 


I prefer going short around 128.05/10 with stoploss of daily close above the channel.



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