Grand Rising Traders. Thank God Its Monday! Who else is ready to destroy the markets this week? These are my thoughts for GBP/JPY - After a strong push to the upside , momentum is finally slowing down indicating sell pressure. - Higher lower formed , breaking bullish structure. However i still feel that there is a lot of buy pressure in the market, so be careful.
Advice Only trade one pair at a time. Its much easier to predict the direction when your attention is focused on one chart. Good Luck With The Rest Of Your Trading Week I Wish You All The Best #forexprodigy
Trade closed: target reached
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I decided to exit the trade early and secure 4% instead. Another successful trade.