GBPJPY analysis - sell entry TP: 132.00



chart h1 - 9.48 pm Malaysia

Another inside bar set up. Price is below the immediate trendline.

Went short at 134.66. TP 132.00 (the nearest round number to fibo 138.2 level).
In case I am wrong, my SL at 135.58 (92 pips risk) will save me. :-ss
UPDATE:

11.20 pm - closed at +20
market looks direction less :(
12.15 pm - Treasury Secretary Geithner's speech pulled the baby down..
re-sell at 133.49; +133 now [-o<
2.30 am - price is at 131.30 b-)
bears are back <:-P =D>

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