kolaboratif

GBPJPY, ready to falling again

Short
FX:GBPJPY   British Pound / Japanese Yen
Strong support area around 144.5 certainly gives us lead that sellers has been breached it, to rule the market for a week now.
With this information, we certainly need to enter the market on the first up-swing.
Where to enter, depends on the power of buying price that we hope, both weak and, slowly filled the empty order resulted by very Impulse Selling as shown in the chart happened since last week.
If only price was reaching slowly at its Strong Supply Area backed by its compression pattern, Short position is the only profitable expectation for good ratio of profitable trade.
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