FX:GBPJPY   British Pound/Japanese Yen
133 3 2
A very greedy outlook.
1) 61.8% retracement of down impulse.
2) 120 pips pin bar formed at 61.8% mark.
3) i would say this is an overextended market, but who knows?

not recommended to take trades without at least a D1 confirmation (a close below the pin bar).
consider that this is counter trend, thus riskier and greedy.
just an outlook, keep an open mind.
price almost invalidated the bearish pin bar.
if that pin bar fail, price will continue upwards.
failed signal best signal.
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PriceActionTrading PriceActionTrading
2 years ago
trade officially invalidated due to price breaking the high of the pin bar. failed signal.
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WHAT A GOOD TRADE IT TURNED OUT TO BE.
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