"GBPJPY - 2H - Upwardchannel breakout " by trader SergeantPringles — published April 13, 2016

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British Pound / Japanese Yen (FX:GBPJPY)

FX:GBPJPY British Pound / Japanese Yen

I attempted a short earlier with tight stops, that got takin out by the slow upward move we saw in the C leg. Now at the 1.618 projection the move seems to hit a roof. if we can breakout to the downside i will be looking to sell.

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