WicktatorFX

GBPJPY - Bullish Run Over?

FX:GBPJPY   British Pound / Japanese Yen
GBPJPY has been in a major bull run for almost a year. It has finally reached the highs of December 2019 where its met with resistance. On the lower timeframe we can see a macd divergence which we can use to get a short term short set up whilst we wait to see what happens next.

See chart below for the short term set up.
Comment:
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Comments

I agree lots of buying this week higher highs all week all good things must come to an end!
+3 Reply
WicktatorFX SundialSignals
@SundialSignals, you would think so! Fingers crossed for next week 🤞
+3 Reply
I'm with you on this bud, really nice
+1 Reply
I believe that was a fake breakout to the upside, meaning this trade will now fall like you predicted. Do you agree?
Reply
Cool setup, thanks.
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Like this! Seems a little overextended
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No disrespect my brother but i believe we are having a small pullback then a fat push to 150.000
Reply
Great work
Reply