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.
WHAT A GOOD TRADE IT TURNED OUT TO BE.
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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
trade officially invalidated due to price breaking the high of the pin bar. failed signal.
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