ForecastCity

💡Don't miss the great sell opportunity in GBPJPY

Short
FX:GBPJPY   British Pound / Japanese Yen
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (151.07).
if so, traders can set orders based on Price Action and expect to reach short-term targets."


Technical analysis:
. GBPJPY is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.09.


Take Profits:
TP1= @ 149.70
TP2= @ 149. 40
TP3= @ 148.70
TP4= @ 148.15
TP5= @ 147.45

SL: Break Above R2



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Comments

couldnt agree more! I entered @ 151.093
+2 Reply
@lmforex, Thank you for your comment
Reply
Good job :) Keep it up
+2 Reply
ForecastCity yusufipek1989
@yusufipek1989, Thank you
Reply
Nice 👌🏿
+1 Reply
ForecastCity sami_ibrahim
@sami_ibrahim, Thanks
Reply
ForecastCity faisalmaqsood05
@faisalmaqsood05, Thank you
Reply