GBP/JPY 09/12/2013
It looks like bulls are immortals. They took just short break for sleep, but on Friday were back in full force.
My opinion is, that it was their last attack for some time. I think we will NOT see new highs, but new lows in few days. Closing price on Friday was just few pips under resistance 168.39 and HIGH from the last week is 169.16.
My setup for Monday is:
Short 168.37 SL 169.20 TP1 167.00 TP2 166.21
Good luck!
For my intraday scalps follow Twitter @fxmonman or BBM Channel C003827DF
It looks like bulls are immortals. They took just short break for sleep, but on Friday were back in full force.
My opinion is, that it was their last attack for some time. I think we will NOT see new highs, but new lows in few days. Closing price on Friday was just few pips under resistance 168.39 and HIGH from the last week is 169.16.
My setup for Monday is:
Short 168.37 SL 169.20 TP1 167.00 TP2 166.21
Good luck!
For my intraday scalps follow Twitter @fxmonman or BBM Channel C003827DF