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haroonsiddiki

GBP-JPY: POSSIBLE REVERSAL| SHORT SETUP | ONE HOUR

Short
British Pound / Japanese Yen (FX:GBPJPY)  
haroonsiddiki Updated   
FX:GBPJPY   British Pound / Japanese Yen
Harmonic Patterns AB=CD trading harmonictraders harmonicpattren abcdchartpattern gbpjpyshort
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harmonicpatterns abcdpattern trading harmonictraders harmonicpattren abcdchartpattern gbpjpyshort
This trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. GBP-JPY is moving in a bearish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bullish AB= CD Harmonic Pattern is used to identify the projection from its current price whereas Short Trade Setup is given to grab the trade opportunity before the reversal of the instrument. However, only TP1 is suggested at present due to expected reversal from PRZ.
Order cancelled:
Trend Reversed before reaching to PRZ. Trade plan is cancelled.
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