GBPJPY Setup

Looking for a SELL setup on GBPJPY as shown on the chart.

Trade execution depends only on a strong rejection candle on the 15M to confirm entry.

Please trade at your own risk. This is only for educational purposes.

Comment:

looking at this double top area for SELL opportunities, we formed a clear ascending formation at the top of the structure, breaking the previous high; looking for sells to the downside to capitalize on this move. Entry order placed below structure and looking to be triggered.

Comment:

GBPJPY is still running with profit targeting the first TP.

For conservative traders it would be best to BE at this point.

For scalpers you can close for over 30 pips.

Comment:

Final Trade Update: Close trade on around 49 pips profit.

Comment:

Closed.
49 pips Profit. (Duration: 2 Days)..
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