Fxprotrader
Short

GBPJPY: Watch For Shorts At Current Level

FX:GBPJPY   British Pound/Japanese Yen
836 1 20
After a rally and an impulsive up move, price has reached the median line of an upsloping pitchfork , where we see that is now consolidating. At the same level we have the 0.786 fib retracement of previous downmove. That's a nice level to watch for shorts in a lower timeframe.

good idea,I agree with.
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