Short

GBPJPY - Peter Kani

By peterkani

Updated

See Shorts on Chart!

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ok cover shorts as bull momentum remains strong, sustained close above 149.50 could be a buy signal

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Exit all Shorts with Profits!!

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Another test possibly a break above 149.00 can be easily seen imho, in light of this - bank profits immediately @148.31.
Try small longs from here 148.25 initially to 149.xx and Hold if break above 149.50, opportunities to add Longs may be available in the areas between 149.85 and 149.2x till 149.50 pending Price Action.

The Current Market weather suggest imminent volatile movements in the Radar, could be up or down, currently my bias is the main direction UP with possibility for an interim down move(which has been partially done) or not(a direct Push-UP from here) will see..

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Corrected Typo - substitute 148.85 for 149.85

"Try small longs from here 148.25 initially to 149.xx and Hold if break above 149.50, opportunities to add Longs may be available in the areas between 148.85 and 149.2x till 149.50 pending Price Action."

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..now buying should be in order

peterkani

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