MoneyJourney

GBPJPY to the 0.236 fib

Short
MoneyJourney Updated   
FX:GBPJPY   British Pound / Japanese Yen
I've tracked a downtrend on the daily charts all the way back to February. Furthermore, I found a nice support level reaching all the way back to 2016 for the fib levels.
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With only 22% of the market shorting, this is a great time to get on this down trend trade that is set to hit 132.664. We are a few hours behind the best time to enter this short, but still many pips to make. :)
Comment:
Trade closed: target reached:
Most likely more profits to be made. But closed trade at 132.675 tallying 167 pips!

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