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TKProphet

GBPJPY BUY

Long
British Pound / Japanese Yen (FX:GBPJPY)  
TKProphet  
FX:GBPJPY   British Pound / Japanese Yen
Support and Resistance Multiple Time Frame Analysis Fibonacci
2
0
supportandresistance mtfa fibonacci
GBPJPY

GBPJPY created two rejections at the 0.5 fib
before giving us a pullback. With the multiple rejections at the lows, this could be a micro level of support. Let's see if the uptrend will continue from here.

If price fails to maintain the uptrend, well, wait for a break and retest of support before taking the entry.
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