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Possible short Position GBP/JPY!!

Short
British Pound / Japanese Yen (FX_IDC:GBPJPY)  
SMPTrader Updated   
FX_IDC:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis GBP britishpound british pound poundsterling japanese tradingideas system method
3
0
trendanalysis chartpattern waveanalysis gbp britishpound british pound poundsterling japanese tradingideas system method
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 1 Day
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will be rejected at @145.500 level and move towards the first Target 1 level @ 144.500 level.


GBPJPY

Trade Management
Entered @ Still waiting for confirmation.
Stop Loss @ Still waiting for confirmation.
Target 1 @144.500

Risk/Reward @ 2:1

Happy trading. Will let you know closer to the time if or when executed:)


Follow your Trading plan, remain disciplined and keep learning !!

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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Comment:
Still on the side lines :) I am anticipating another move up to the 146 level then will enter
Follow your Trading plan, Remain disciplined and keep learning !!

Please Follow, Like,Comment & Follow
Thank you for your support :)

This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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