SoxKeepYouWarm
Short

GBPJPY head & shoulders

FX:GBPJPY   British Pound/Japanese Yen
GBPJPY             finishing up a head and shoulders pattern with a nice red candle. Based on necktie height and structure, price could drive down to the next support line. This would mean a breakout from current ascending triangle .

Skeptical as to whether this is a true breakout, will wait for a retracement to resistance and see how price behaves. If price respects new resistance I'll be going short.
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