British Pound / Japanese YenUpdated GBPJPY Jan 22, 2020
Potential downward movement because of the support (We still need to wait and see if it breaks the support as we want it), right now we can slowly see that a wick is forming itself. Another confirmation is that we can see bearish divergence and we are clearly in an oversold position. I can confirm the short position until the 4-hour candle has formed itself.
Trade closed: target reached
Shorted itTrade active
Short it now
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.