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Answer42
Jul 28, 2017 1:40 PM

GBPJPY - Bearish Bar at a lower swing high Short

British Pound / Japanese YenFOREX.com

Description

We are in a wedge on the daily. During the last bounce off resistance there has been a retrace and posted a bearish bar with tall wicks. The wicks showing downside pressure.

TP has been set at 50% retrace of the previous swing with a 2R profit.

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