VolumeWaveFX
Short

GBPJPY is Doing a Lower Price Push Movement

FX:GBPJPY   British Pound / Japanese Yen
1. Pair GBPJPY has made a strong bullish trend , but not always will this trend persist. The end of this trend is indicated by the formation of a volume divergence on the chart with a yellow line.
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2. This pair must return first to the Fibonacci level retracement which is at level 0.618 (minimum) or can be further to level 0.5
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3. Consolidation of prices will be quite time consuming and may take a relatively long time, so stay patient until the formation of price action is formed.
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4. It is stop out at the price of 148,700
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5. And the last one is the Take Profit price of 145,830
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Conclusion: Signal Strength >>> $$$$$
Recommendation: Sell Limit >>>>> Very Strong
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----- This writing is for education only and does not recommend to buying or selling ----
Mar 06
Trade active:
Let 's go guys
Mar 07
Trade closed: target reached: Nicely done +130 pips.
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