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dondada2k
Dec 24, 2020 7:35 PM

SCALP - GBPJPY BUY Long

British Pound/Japanese YenFXCM

Description

Market conditions are showing slowing of selling momentum. Price should be looking to retrace and retest target level. Entry on trend line break and close above grey resistance area. Conservative stop loss will go below the low of the candle that breaks and closes into the resistance area with a max stop loss as shown. The indicators I have chosen are all acting in confluence to the emerging move to the upside.
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