GBPJPY Daily Pin Bar Setup

FX:GBPJPY   British Pound / Japanese Yen
189 1
Well formed pin bar from daily key support level .
This is a counter trend setup, but from an obvious key support level , so I'm giving this a shot.
at first glance it could seem a counter trend trade, but the former two highs form kind of a triangle with the support you mentioned. So, you might not be so wrong ;)
+1 Reply
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