GBPJPY confirmed yesterday the down trend direction along with other pound pairs Go short till TP 135.500 TP 131 NOTE: 140.100 <-- is a magic number , the price will go back here AFTER BREAKING 138.800 As explained closing below 135.444 call for the next block to reverse from there starting the uptrend
The yellow lines range embedded between the two black ones , is an area of distribution , good for one intra position one short one long, the more should be the short ones whenever up
elegipcio
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Expect a spike near or equal to the previous top before start the down trend