TomProTrader

#GBPJPY: Short Opportunity Off Key Level Into The Mean! #Forex

Short
FX:GBPJPY   Livre sterling / Yen japonais
17
Traders,

Good opportunity to go short off of bearish momentum here. A nice weak pull back from the bulls into the nice Fibonacci retracement where the bears forced their way into the markets. I like that the short term wave target equals the long term wave target. Makes for a reliable trade with a reliable, integral target.

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Thanks for your support,
Tom
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