peterbokma

GBPJPY- SELL strategy

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FX:GBPJPY   英鎊 / 日圓
If you look carefully at history, we have 5 BOTTOM pattern. Considering that, and the minor risk of selling, I think we will see low 138.00.

Sell current 150.00-150.50 and place stop-loss above 152.50 (its medium term strategy). Profit 139.50 for now.
The MACD is kind of neutral turning negative, and stochastic RSI is negative.

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