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piphunters
Aug 1, 2016 7:41 AM

GBPJPY: 15 min sell setup Short

British Pound/Japanese YenFXCM

Description

The pair has broken a lower degree correction and is heading down giving an opportunity to go short.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for informative purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit thepiphunter.com and subscribe.

Comment

Comment

4hr break will take us towards 130
Comments
Guhanak7
Really appreciate your short-term trade ideas
piphunters
thanks
woulismart
hello I just opened a position now you think that GBPJPY will continue to go down?
LongBreak
in.. like idea ..
piphunters
thanks
PhaniKumar
ok fine
piphunters
if you are to enter now you can place SL above 135.93 but I can't give you any guarantees it may not get hit at that level since this is a highly volatile pair
PhaniKumar
thanks
piphunters
you are welcome
PhaniKumar
what will be target and s/l
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