piphunters
Short

GBPJPY: Impulse down

FX:GBPJPY   British Pound / Japanese Yen
503 0 14
The pair has broken out of the smaller degree corrective structure in an impulsive manner which leads us to believe that it will continue downside as part of this impulse in the coming days giving a great opportunity to go short with the proper setup if you are not already short.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for informative purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.
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