rayanpearce

GBPJPY Short Retest

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FX:GBPJPY   英鎊 / 日圓
The pair has gone up to retest former support and treating it now as resistance, which is obviously a reason to short the pair. But not only that, this pair has now touched the trendline resistance and the 0.618 zone on the FIB, another reason to short the pair. Overall market projection is Bearish, and lets get those sell orders in with a entry on a nice rejection candle.
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