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Jul 23, 2021 3:20 PM

GBP/JPY shorts Short

OANDA:GBPJPY1D
GBP/JPYOANDA

Description

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Reasons for bias:
60 EMA proximity (waiting for bounce)
Approaching level of structure
Strong downtrend
Price at descending resistance zone
Bearish stochastic on hourly and 4H
Ascending wedge on Hourly giving bearish signal



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