peterkani

Dragon GBPJPY sell - still no valid Bulls.

Short
OANDA:GBPJPY   British Pound / Japanese Yen
sell @140.72, TP @ 140.20, TP2 @ 139.45. Starting to look like the opportunity Bulls have been well deceived and defeated for now albeit the last batch of opportunity Bulls lurking around 140.14- 140.20, Crucial/Critical line in the sand @ 140.90 as mentioned in the linked chart, needless to say, this remains intact unless 140.92 is taken out and sustained. The only way Bulls can appear now is to appeared Heavy and Hard but that is always very risky because the herds(uninformed) have been informed thus adding more pressure to the downside, failing this the Bearish momentum holds sway.
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