GBPJPY has a very interesting structure for the near term. If the counts are close to being correctly identified, i will be expecting this pair to go to 138 and beyond it what we currently have playing house is a completed correction of 5 swings. We have been reacting at price action levels in this correction which makes this all more intriguing, I am personally active already risk free at this particular juncture of 134.20. To me this is still valid and will continue monitoring in the upcoming week.
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Trade active
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Stop loss in profit.
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Partials taken 200 pips stop in profit letting rest ride out
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found re entry points and still riding this beauty, we might be seeing a hit to 147 in the coming weeks