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IMEVIL
Feb 28, 2024 12:04 PM

POTENTIAL TRAP IN GBPJPY FOR CONTINUATION TO THE UPSIDE Long

GBP/JPYOANDA

Description

As we can see that GBPJPY was respecting a trendline then it made a head and shoulder pattern and then broke the neckline but reversed back into the trendline and also above the support zone by forming a bullish engulfing candle.
Potentially it can be a trap.
so we can look for buying opportunities once we see some sort of Bullish confirmation.
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