UnknownUnicorn689214

GBPJPY Low Risk High Reward Short

Short
OANDA:GBPJPY   British Pound / Japanese Yen
GBPJPY is bound to retest the downward channel, as it did when it broke out of the bottom last time. It is also right on the 200 4-HR SMA, which is acting as a tough resistance, as well as the supply zone.

My last short idea did hit my original stop, but I moved my stop up because I think this will be a huge move.

As always, use proper money management
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