GBPJPY testing new support!
Updated
GJ hit broke through a longterm high recently. now it's trying to retest this broken trendline as a new support. It's also retesting a smaller timeframe supporting trendline. I'm waiting for a rejection at both of these lines before going long.
Note
waiting for retest or close under 141.100Order cancelled
Turned to short possibility.Trade active
Shorted, fakeout was rejected at resistance.Order cancelled
again entered new channel, price above previous long term resistance, creating new support.
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