RaynLim

GBPJPY - Bearish Shark Pattern

Short
FX:GBPJPY   British Pound / Japanese Yen
Bearish Shark Pattern as a countertrend trade is something I would engage. The reason is Point D is at Point X of the Shark Pattern that acts as an Additional Resistance level for a counter-trend move.

Trade closed: stop reached: Stop Out: 150.90(-33)

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