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FOREXN1
Aug 5, 2022 10:32 AM

GBP/JPY: Retest 163.000 Supply Area 61.8% FIbo SHORT ! Short

British Pound/Japanese YenFXCM

Description

The GBP/JPY after our previous Take profit made from the confluence of the Bearish Harmonic pattern and the Double TOP, now we can see that the price had a solid direction of the trend , Bearish. Now, The price after retest again the 163.000 area in confluence with 61.8% Fibo, so there is a High % probability of ABCD pattern formation, the fact the price still continues to galling down.

Trade closed: target reached

Trade active

Comments
TopTradingSignals
Cheers!
FOREXN1
ProSignalsFx
Great Post bro!
FOREXN1
@ProSignalsFx, I apprciate
VasilyTrader
Thank you for the detailed review
FOREXN1
@VasilyTrader, Cheers !
TIGER4REXXX
probably the most accurate post on GJ at the moment nice work bro
Lingrid
thanks for chart!))
FOREXN1
@Lingrid, Welcome
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