motleifaul
Short

The Land of the Rising Yen

FX:GBPJPY   British Pound/Japanese Yen
207 3 0
We re stil             in an uptrend of the GBP. So the downward side is always a bit risky. But I think we could try for a test of the the mdian line of the pitchfork . Will it be October 4th whe pitchfork and Gann line will cross?
The pair didn't move very much. I close the position now and turn it to long.
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Do you think it is better to keep long but how what would be the support levels to protect the position?
and what is the target for the long?
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motleifaul thamer84
I am not long. But wwithout any obligation I would say, why not hold it? Can you see the upward trend? The support is around 156. And the target? Find it out!
I wouln't expect to much as the momentum of the rise became rather small in the past days.
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