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JaysMart
Sep 18, 2016 3:59 PM

GBP/JPY TECHNICAL ANALYSIS Short

British Pound/Japanese YenFXCM

Description

Another Technical Analysis, based on the trend-line S & R

Updated ideas for a short orders to the extension of the lower price level, long-term. Recommended indi to work with this analysis is the Stochs Oscillator for entry order.

Critical comments are welcome. If there are any mistakes, please let me know.

GBPJPY

Trade closed: target reached

So, the TP2 level is done.

Trade closed: target reached

And so, the last target at TP3 level of 103.26 reached. Total of 444 pips.

Limit order waiting to be triggered. Next for long setup.

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