OANDA:GBPJPY   British Pound / Japanese Yen
• basically the opposite of my YEN BASKET analysis it has formed a downward trendline which is respected for the 4th time last week and tanked down after doing so

• as it reached a significant support level it lost momentum and formed hammers/dojis by that level

• and also formed a downward corrective move which signals a change in direction which is up

• once this mini channel breaks to the upside we going all in with buy orders

• and take profits will be by the trendline



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