imee_noni

ABCD Pattern Completion

Long
FX:GBPJPY   British Pound / Japanese Yen
1
There is a huge selling pressure on GBPJPY,
no doubt the market likely to continue its selling pressure.
ABCD pattern completes here and retracement is expected for bullish or Long positions.
Please see RSI, STOTCH.
I think traders may go long for 38% and 61% targets for retracement.
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