raegenius
Short

GBPJPY reaches resistance area

FX:GBPJPY   British Pound / Japanese Yen
25 0 0
The GBPJPY             has reached an area of resistance at about 184.94. If the double top formation completes, we would wait for a break of the support trend line at about 184.71 to enter short with target at about 184.12.

Alternatively if price breaks through the area of resistance, we would enter long at camarilla pivot level R4 @ 185.35 targeting about 187.36


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