GBPJPY Short: Continued Downside Likely
Updated
Hey traders! We just witnessed quite a strong bearish impulse to pierce the descending trendlines, which could indicate the beginning of a strong third EW wave toward target. If the impulse is retraced and retained back inside of the trendline, the trade is inactive. I want to sell if lower lows are established. Happy trading!
Order cancelled
Due to bullish impulse and minor breakout, more support has been added and resistance pierced. Short is cancelled:Order cancelled
Support held and the pair rallied. This one is cancelled!
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