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mxxtrader

GBPJPY (long), classic double bottom daily.

Long
British Pound / Japanese Yen (FOREXCOM:GBPJPY)  
mxxtrader Updated   
FOREXCOM:GBPJPY   British Pound / Japanese Yen
Chart Patterns Beyond Technical Analysis
1
0
chartpattern beyondta
GBPJPY possible long setup due to classic double bottom on key support level.This idea supported by MORNING STAR formation on weekly timeframe and recovery of strenght of sterling in the last week and fundamental forecast for monday is positive let's see.
Comment:
SL to breakeven this trade could be invalidated if 143 zone rejected again!
Comment:
should make a retrace and go to TP2 but take profit here not bad:)
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