Disliked{quote} I think it's u.S. oil supply driving the yen pairs up; the prices for yen just jumped dozens of pips right after the oil announcement. Shouldn't we be getting a correction (100pip+) soon? The gbp/jpy is increasing way to fast for me to consider longing right now. Just look at the RSI on the hourly; every time I see it, the more I feel scared about the gbp/jpy. Currently shorting 183.80 & 183.90 respectively. Was hoping for 183.95 or 184 to short, but that wasn't going to happen.Ignored
Now as long as price stays below the long shadow of the very top candle on 15 min. chart I stay bearish..
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