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adamf9780
Mar 29, 2019 3:13 PM

GU Long to top of downtrend Gann Long

GBP/JPYOANDA

Description

Bounced off significant resistance and downtrend Gann
Should either retest top of red line or go higher to resistance

Trade closed manually

Profit taken, struggling around resistance
Comments
fxing
Hey ,I am Long the pair ,You still see 146.000 as the Target?
adamf9780
@fxing, Hi, in my opinion yes that's my first target. With the triple bottom formed on a very significant support level there is potential for much higher upside than 146.000. However since it's a crossover of a downtrend gann it could get rejected from this area also. If it pushes through and closes above the next level will be the highlighted green resistance area. This is a key level from 146.000 if it can close above this resistance expect even further upside from here!
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