GBPJPY – Midweek Market Analysis – July 2018 Week 3

Hi everyone,
This is my first post on the Forex100Academy website.  Thank you for following our posts, will ensure that we keep bringing good contents to all our readers.  In my earlier analysis on GBPJPY, there was a shorting opportunity earlier this week. Price had moved down nicely to TP1 and I have taken some positions off the table. (Profits of close to +150pips)

Bearish Shark hitting TP1

Now I am looking to add on to the short. Again using Harmonic Patterns on the lower Time Frame.  let’s have a look at the M15 chart, I see a bearish Deep Gartley. In lined with the identified sell zones.

Deep Gartley on the M15

Trade well and trade safe.
Boon Hooi
Harmonic Trader & Trainer