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kokeiro
May 18, 2020 12:37 PM

Short GBPJPY  Short

GBP/JPYOANDA

Description

Overall trend still bearish in higher timeframes, no significant volume increments or divergence alerting likely reversal of overall trend. Fib shows possible target after this morning's pullback for a RR of 1:6 if Tuesday and Wednesday delivers the volatility on NY and London sessions. Waiting for confirmation on reversal at resistance line around 130.688 for entry
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