GBPJPY pullback before going further south in H4

FX:GBPJPY   British Pound / Japanese Yen
Reasons to enter:
1. Break of daily trendline (middle black trendline ), am expecting the price to retouched the trendline and go down.
2. EMA 21 and 50 showing downtrend. Both ema was respected beautifully.
3. FIbo level 38.2% or 50% must be hit before going south (sell limits/entries)
4. Stoch showing oversold, am expecting the price go up a little bit first.

Goodluck all for this week :P
Trade active: Goodcall on This pair, 100+ pips currently :D
Trade active: Highest about +250 pips on this trade but currently having +176 pips. Will continue to hold this trade until tp as lower highs are forming. Rmb to close half of your lot size all ;)
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