Petaryot
Short

GBJPY shorting setup! History repeats itself!

FX:GBPJPY   British Pound/Japanese Yen
Identical setup as before, however on a shorter scale-

In both cases:

-Reversal just under 0.382 fib level
-Reversal at earlier support level on daily chart

Other reasons to short:

-Continuation of bearish trend
-Strong Japanese Yen            
-Weakening GBP

Overall, short if you want some pips (In my opinion).

Safe and successful trading!

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