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Nov 17, 2016 6:00 AM

GBPJPY Short setup Short

British Pound/Japanese YenFXCM

Description

There's a slight divergence at this price level, on the daily there's been good buying rejection.

IF we get a break of R1 weekly pivot support, go short till R2 monthly support.

Between R2 monthly and weekly pivot, a reversal can be expected.

Good trading all!

Comment

Possible earlier entry here

Comment

Obviously not happening, no break here
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