GBPJPY - conflicting signals
Long entered based on IP Bounces - 20EMA bounce.
Short entered based on own technical analysis - seems to be some resistance at 142.160 level at which the last two candles have tested and not broken - last of which is a Doji signalling possible reversal.
Large upward move recently following fundamentals - this strong move up may be losing momentum with this doji at resistence.
Two trades entered...
Short entered based on own technical analysis - seems to be some resistance at 142.160 level at which the last two candles have tested and not broken - last of which is a Doji signalling possible reversal.
Large upward move recently following fundamentals - this strong move up may be losing momentum with this doji at resistence.
Two trades entered...
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