Tuesday, March 7, 2023



The price perfectly fulfills my last idea and it went down from main resistance. The market tested resistance and it was rejected then dropped. The price is in range forming a compression channel. I think that most likely, the price will make an impulse leg down and break through the range. I am waiting for the price bounce off the resistance to fix below the range and fall. My goal is to support 162.100





GBPJPY compression channel BREAKOUT and FALL

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