ifxguru

GJ: Ready for a fall, watch out below!

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FX:GBPJPY   英鎊 / 日圓
1
Death cross, potential AB=CD, and what looks like a violent move down are on chart...
Need I say more?
I opened a short recently, at around 177.75 and I'll scale in on a retracement that should occur in a day or two.
Target is the AB=CD completion or 1.618 extension.
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