RaynLim

Navigating the Bearish Shark Pattern

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY currently positions itself at the Bearish Shark Pattern. While the pattern is not yet confirmed, aggressive traders might be tempted to seize the opportunity early, either to ride the potential high or out of fear of missing the move.

It's important to note that a shark pattern could offer as many as three entry points.

I'm intrigued to know your trade plan for GBPJPY. How do you intend to approach this setup? Share your insights below!

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