garciaohk
Short

GBPJPY H1 SHORT PRICE ACTION FORECAST

OANDA:GBPJPY   British Pound / Japanese Yen
The price has been trading with a channel, getting a rejection from the resistance level it signals time for a downward movement to the previous support level .

It allows the setup of a short entry with the following characteristics.

The order:
Type: sell-stop
S/L: 43 pips - R:R | 1:2.5 -
T/P: support level

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