Hello fellow traders,
Yesterday we talked about rejection of GBPJPY at 138.77 levels. Today once again the pair has been rejected at 138.83 making a
double top pattern and thus confirming that this is a good supply zone. I am short from yesterday at 138.415 with stop loss 139.000
and take profit at 136.000.
DAILY CHART
4H CHART
Once interesting fact is that the line joining the previous highs is still near 142.000 levels from where we can see a huge supply. On
4 Hour chart the price has started …
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