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DrBear
Jul 25, 2022 10:51 PM

GBPJPY SECOND SCALP ENTRY Long

British Pound/Japanese YenFXCM

Description

Hi Team!

See earlier posts on this pair. Currently consolidating in a wedge, from which I am expecting continuation of bullish correction.

Entry on break of ascending wedge resistance, SL on structure support.

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DrBEar
Comments
Smu21
Not bullish, broke bullish trend line. The push up was a retest of the broken trend line
DrBear
Set up invalidated - so no entry. That’s ok! Still bullish, wait for next opportunity. That’s why we have validation points for entry - if it doesn’t do as we expect, we leave well alone!
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