happier
Long

GBPJPY long setup

FX:GBPJPY   British Pound / Japanese Yen
89 2 1
Trade closed: stop reached

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as much as I would like to see price go up, it sure looks very bearish. I mean RSI at 16, isnt too bullish, in a trending market RSI is almost useless. What indication is there for a reversal? maybe from your chart it looks like it could be considered a triple button and maybe we can get some support in here. WHen it goes up though it will likely be fast and hard
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happier KetogenicElijah
first of all there is no triple bottom. bottom would be short term to say triple. I never use alone rsi to decide.I use it only bottom and top when I see positive or negative divergence like this chart. second think there is long term support 151.700-151.900 channel.
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