chastic

Breakout Friday, Confirm Today

Short
FX:GBPJPY   British Pound / Japanese Yen
It might rest and profit take around the 200MA, but it can't make new highs the past weeks, so I trust this one to fall over the next month. I have a large SL and will hold this for a long time. Currently it's at a good entry point, for anyone that might believe the short idea. Keep an eye on the event schedule, for any indications people might go out at around 200MA.
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