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British Pound / Japanese Yen
Short
May 31, 2016
GBPJPY H4: H4 supply zone shorting opportunity
4
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Top-down analysis
Monthly:
The price is getting selling pressure at around the monthly resistance area
Daily:
there is a daily demand zone just below but we have a room to arrive there
H4:
and it just created a H4 supply zone.
TP1:
1:1 Just before h4 candle tail
TP2:
just before daily demand zone
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