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GBPJPY Wait for the 1day MA50 to break.
British Pound / Japanese Yen
Short
GBPJPY Wait for the 1day MA50 to break.
By TheCryptagon
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Apr 1
3
Apr 1
GBPJPY is trading inside a Bullish Megaphone.
Every time the 1day MA50 broke downwards, the pattern gave a sell signal with the minimum decline on the Bearish Wave being -4.17%.
If the price does break under the 1day MA50, sell and target 185.500.
The 1day RSI is already on a Bearish Divergence.
Previous chart:
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britishpound
Chart Patterns
Forex
GBP
GBPJPY
Technical Indicators
japaneseyen
jpy
Trend Analysis
TheCryptagon
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