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Poundyenshort

GBPJPY ANALYSISFOREXCOM:GBPJPY NOTE: (MARKET IS REACTIVE AND NOTE PREDICTIVE) (LIKE AND COMMENT BELOW TO SHARE IDEAS TO SUPPORT ) From a daily perspective we can see market is in a bearish flow. We can see that price has broken the support zone and may likely retest the support turned resistance as a common pattern of impulse correction impulse. REMEMBER: THE MARKET MOVES IN WAVES, ALSO NEVER FIGHT THE MARKET AS WE ARE THE SMALLER THAN THE BANKS. After the retest if that happens we can initiate a short position to the target of the lower box holding the bearish candle. This will enable the trader to be on a risk free situation. REMEMBER: MARKET IS REACTIVE AND NOT PREDICTIVE. Monitor this pair from a 4Hour perspective for entries. If you have any suggestion, drop in the comment section below.
Short
by Kelachi
GBPJPY Shorts Incoming Hi fellow traders. GJ ended up not adhering to my last trade idea, so I did not place any orders. I think if this new red line proves to act as a resistance trend line, we could see a pullback. Looking to take profits along the way. This is just technical analysis . Do not follow this trade blindly! If you managed to read it this far down, thanks for reading this! If you could, please do offer your ideas & perspectives on this pair. Buy or Sell and why? Additionally, drop me your charts for it, that'd be great so I can see where you are coming from. Please drop a follow! I need reputation points!!
Short
by TheFinancialTRDR
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