Tuesday, October 23, 2012

GBPJPY Channel Holding Well

This is continuation to my previous post [here]. The channel is holding very well so far and has pushed price 3 times to south. 



myfxvoyage.blogspot.com GBPJPY Short Trade
GBPJPY H1
Now it looks like price is forming a M pattern at top. It looks top-ish. 


I am already short from 128.05 and looking for a move to middle of the channel.




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