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GBPJPY (update)

Oleh ForeverNewbie
Diupdate
They say long takes the stairs and short takes the elevator. In this pair I think it's the other way around.

Buys are spikes
Sells are sliding down softly
Trade aktif
The resignation of Cohn from the WH shocked many pairs, including all the xxxJPY ones. I stuck with it, I saw my position(s) dropping in a chasm but I knew that this wouldn't last for more than 24hours. I've first read about the resignation before 5pm on 6/3, but it only shocked the markets after it was published in the mainstream media (CNN, BBC, Bloomberg, etc.)

I still got my xxxJPY positions open and running as I believe it will reach the top of the wedge.

Next thing to fear is the NFP news on Friday, but we'll see about that in 36 hours!
Trade aktif
Bull has started. Expecting a 15 days uphill run to reach TP of 156.300
elevatorGBPJPYstairsSupport and ResistanceTrend LinesWedge
ForeverNewbie

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