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GBPJPY Trade Idea

Panjang
Paun British / Yen Jepun (FX:GBPJPY)  
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FX:GBPJPY   Paun British / Yen Jepun
Trend Analysis
2
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trendanalysis
snapshot

This trade idea is purely based on support resistance and price action. Back to basic I guess. Looking at chart, I believe market will make retracement downside before rebound to the upside.

Now waiting price action that happen at key support before enter position.

Happy trading guys.
Komen:
Seems that price already trading to he upside and broke the resistance. However body candle showing decreasing volatility and price are in indecision position. Will wait for next candle.
Komen:
Good time to buy now as price are making swing low. Traders who applied swing trading should buy at swing low in uptrend, and selling at swing high in downtrend.
Penafian

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