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TheSignalyst

GBPJPY Short/Sell Idea

Short
British Pound / Japanese Yen (FX:GBPJPY)  
TheSignalyst  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators Beyond Technical Analysis GBPJPY SELL Support and Resistance Supply Zone rejection breakout short
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trendanalysis indicator beyondta gbpjpy sell supportandresistance supplyzone rejection breakout short
GBPJPY Short/Sell Idea

waiting for a momentum candle close below 134.30 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Wedge Pattern (in blue)
3- Resistance/Supply zone from Daily/H4 (in green)

Three confluences are enough to consider Selling GBPJPY, after a break below 134.30 (in gray)
This analysis is done using RichTL
www.RichTL.com

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