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RaynLim
Jun 4, 2023 3:30 PM

Trading within the 2 zones Short

British Pound/Japanese YenFXCM

Description

This could be interesting!

If you are looking to short, you have a Bearish Shark Pattern that has completed at 174.50, you could wait for a pull back off the lower timeframe, like the 15-minutes chart or the 8-range bar chart for a shorting opportunity.

Alternatively, you could wait for a buying opportunity on the 5-0pattern a 100pips later at 173.50.

Which trade would you take? And why?
comment down below.
Comments
InkyGrip
agree with your opinion about GBPJPY
RaynLim
@plancton0618, it's always important to follow your own analysis
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