The time has finally come for the big GBPJPY short we identified months ago. Price has almost reached the major descending trendline which makes this a very high probability trade.
The current correction we are in looks like a bullish correction for one more move up, which may tag the descending trendline. Alternatively, if we break down from the correction, we can look for a retest entry.
Goodluck and trade safe!
The current correction we are in looks like a bullish correction for one more move up, which may tag the descending trendline. Alternatively, if we break down from the correction, we can look for a retest entry.
Goodluck and trade safe!
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