J_layseca

GBPJPY SHORT SWING SET UP

Short
FX:GBPJPY   British Pound / Japanese Yen
78 fib lvl rejected
weekly lvl rejected
Huge rejection wicks on the same level
Weekly Bearish Candle


Playing out the Fibonacci configuration the price would come down to the next weekly level, might encounter rejections on the green trend line that are based on the daily, if we rebound on this levels, the short might be canceled, just have to keep a close eye on this one. but overall bearish on the higher TF

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