GBP/JPY shorts
Reasons for bias:
60 EMA proximity (waiting for bounce)
Approaching level of structure
Strong downtrend
Price at descending resistance zone
Bearish stochastic on hourly and 4H
Ascending wedge on Hourly giving bearish signal
60 EMA proximity (waiting for bounce)
Approaching level of structure
Strong downtrend
Price at descending resistance zone
Bearish stochastic on hourly and 4H
Ascending wedge on Hourly giving bearish signal
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