Looking to short GBPJPY on retest of 157.500
4H Timeframe:
- Intraday bullish trend has been broken as pair has closed below the ascending trendline and has just created a LL.
- Looking to short GJ at 157.500 which coincides with 78.6 key fib retracement level.
- TP: Possible pullback trade to monthly key level could be seen prior to a continuation to the upside.
4H Timeframe:
- Intraday bullish trend has been broken as pair has closed below the ascending trendline and has just created a LL.
- Looking to short GJ at 157.500 which coincides with 78.6 key fib retracement level.
- TP: Possible pullback trade to monthly key level could be seen prior to a continuation to the upside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.