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GBPJPY ANALYSIS ON LINEAR REGRESSION

this analysis is based on LINEAR REGRESSION combined with fibonacci retracement. on 30Min chart, market just touched the resistance level of the linear regression at point 156.950 which is also the 0.618 fib level. i'm expecting a bear run down to 155.484, which would serve as my first TP.

NOTE: this is not a financial advice.

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Chart PatternsFibonacciFibonacci RetracementSELLshortTrend Analysis

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