GBPJPY short is coming very well as expected. That rejection from channel's upper trendline was heavy. I was short from 128.05 details [here].
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| GBPJPY H1 |
If price goes up from 200MA area, as it has previously, I will looking for opening shorts.
A Full Time Trader's Blog. The Forex and Commodities Trading with Technical and Fundamental Analysis
Tuesday, October 23, 2012
GBPJPY Short Coming Very Well
This is in continuation ot my previous post where I went short on touch of this channel. Details [here].
GBPJPY short is coming very well as expected. That rejection from channel's upper trendline was heavy. I was short from 128.05 details [here].
Price is currently touching 200MA. Previously this MA has provided strong support on pullbacks and price went up from there. I am booking my profit on short opened at 128.05.
If price goes up from 200MA area, as it has previously, I will looking for opening shorts.
GBPJPY short is coming very well as expected. That rejection from channel's upper trendline was heavy. I was short from 128.05 details [here].
If price goes up from 200MA area, as it has previously, I will looking for opening shorts.
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