PULEMokhothu

GBPJPY 138.44 -0.21% SHORT

Singkat
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FX:GBPJPY   Paun British / Yen Jepun
Good Day Everyone

Here's an idea on the GBPJPY pair, the Ascending channel holds and the pair is currently rallying with the bears for a possible retest of 61.8% Fibonacci level, looking for a bounce of this level then a rise in the pair, for more aggressive traders you can look for short entries on the pair targeting 61.8% fib level .
if we see a significant move beyond this Fibonacci level the plan for the pair will change but if we see a bounce of the level 61.8% Fibonacci swing traders can look for long entering on the pair targeting previous swing high..



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Target 1 - 136.07 61.8% fib level
SL & ENTRY - FOLLOW YOUR RULES
PERIOD - DAY TRADE
RISK-MANAGEMENT


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IF you like the idea kindly leave a like, leave your idea in the comment section on the pair any comments welcome.....
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Penafian

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