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GBP/JPY Counter-Trend Long

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 12, 2017 at 2:55 AM.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Well with some long wicked candles followed by some strong momentum buying off the previous swing low, this could very well be the case! While the trend line at the top of the daily chart shows the pair in a bearish trend, the fact that price didn't look back when[​IMG]

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