Yen ready for a comeback? - Ichimoku GBP/JPY Short Setup
Last week fundamentals started to come a little more into play as we saw the Yen try to regain some ground here. We've started to move sideways and I am looking for a break of price structure to coincide with a bearish kumo twist and kumo breakout to look at enter a short position. The trade is setup for my medium term target, but I've also drawn some shorter term levels where I'll be taking partial profit should this setup play out. If we fail to break lower and get that bearish breakout and kumo twist we're looking for, this setup may become invalidated.
Penafian
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