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ETCJames
Jan 8, 2021 3:01 PM

GBPJPY SHORT! Short

British Pound/Japanese YenFXCM

Description

GBP/JPY is currently on it's 3rd touch of resistance. I am hoping to see bears come into the market, once the 4HR candle closes I will look to enter a short. GBP/JPY is also following an ascending triangle formation so it is possible bulls could push price above and make this setup invalid.
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