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British Pound / Japanese Yen

GBPJPY triangle

By PeryCapital
Updated
GBPJPY is forming symetrical triangle on 4H/Daily After a big drop this week.

Next week we will see breakout up or down and its gonna decide next huge movement.

Keep eyes on that pair guys. Here is chart for information and overview of GBPJPY
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Wait for confirmation on H1 before you enter... still can go higher!

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Possible reversal on 50% fibo, wait for 4H confirm, then we can see short and possible making new lows on GBPJPY
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4H doesnt seems to be closing positively to bearish movement...
Next possible scenario is upper trendline and 61,8% fibo PRZ

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GJ heading up to upper trendline. then GJ is deciding if bounce or break structure. Keep eyes on it guys
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GJ is gonna touch upper trendline sooon. Keep eyes on possible short/long on GJ
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WATCH closely now! upper trendline is going to touch/bounce/break soon. keep eyes
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BOUNCE HAPPENED, we could see clear sell! still waiting for break to see bigger move
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Still waiting for major move (break of triangle)
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GBPJPY is testing upper trendline again
We might see a break soon
buyGBPJPYgbpjpydailygbpjpylonggbpjpy_outlookgbpjpyshortLONGpoundSELLshort
PeryCapital

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