pav4ito

GBP/JPY More Downside Expected

Short
pav4ito Updated   
FX:GBPJPY   British Pound / Japanese Yen
GBP/JPY completed an ABC pattern, it is now creating another one. I do believe it will go down to 136.150 and will bounce from that level and begin its upside move again. Wait to see corrective structure before you enter a short trade. It is respecting the support and resistance levels at 136.150 and 148.147. Trade safe traders!
Trade closed: target reached
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