Price Action - Falling Wedge Reversal

FX:GBPJPY   British Pound / Japanese Yen
Good evening traders,
Here is another Price Action Trade I took and GPBJPY.

The falling wedge is a reversal pattern confirmed by two lows and highs.

Brexit has definitely been influencing the price, nevertheless, even a strong sell-off should be followed by some kind of correction.

SL is set below minor low inside the pattern and TP is set below the recent swing low on the higher TF.

Happy Trading
Kaetea Ng


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