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Sailosi
Oct 12, 2017 12:32 AM

GBPJPY Flag forming on the 4 Hr (Ready to Short) 

British Pound/Japanese YenFXCM

Description

GJ has been respecting the trendline. Overall downward trend but in a current bullish pullback which has bee weakening. Once it hits the trendline I anticipate a return to trend and possible a drop to previous support line. If all goes well, a gain of a few hundred pips. Use normal protocols on entry ie observing shorter timeframes. Don't risk money you cant afford to lose.

Comment

Bearish candle forming on the 30min and 15 min
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