GBPJPY TREND CONTINUATION SHORT

HIGH PROBABILITY SETUP

Price broke out of the descending channel and impulsed back into structure on the weekly. The daily TF is showing a large correction for price to continue to the downside. Price broke the 4HR double top correctively in a 3 touch ascending within an ascending pattern. Entry order set as 1HR was retracing forming an arc. Price is in a great area of value.
Ascending ChannelChart PatternsForexGBPJPYSELLshortTrend Analysis

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