Investoid

Possible Three Drives Forming

FX:GBPJPY   British Pound / Japanese Yen
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Possible trade to look for during the week ahead! Short term sell Long term buy on this pair
Prices are currently pushing downwards within a descending triangle
Next possible support @.764 Fib
Take shorts below upper trend line of descending triangle @ close below Kijun-sen
Look for reversal when approaching .764 Fib levels and a break of upper trendline could expose .5 levels
Happy Trading!
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