tradingalone
Short

Short GBP/JPY on the bounce to daily key level

FX:GBPJPY   British Pound/Japanese Yen
Monthly is ranging and price hit into a strong support region.

Weekly is in a strong downtrend.

Daily is a strong downtrend.

If price falters at this level or above at 200EMA or higher at 170.2, we have potential shorts.

They are Tier 1 shorts because monthly is ranging and we are close to a strong support level .
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