Downward momentum has peaked for GBPJPY. It tested and failed to break a support level today, forming a double bottom instead. It also appears to have formed an ABCD pattern. This trade is anticipating a pullback to previous support/resistance levels, which are coinciding with the fibonacci levels of the complete leg.

SL: 145.2
TP1: 147.1
TP2: 148.2
İşlem kapandı: durdurma seviyesi
SL triggered. Will look for a re-entry confirmation.
Not
A reversal might be forming. Continue waiting for a confirmation.
İşlem aktif
We're on track.

SL: 145.2
TP1: 147.1
TP2: 148.2
Not
Slight pullback. GBP pairs are in good shape. Still on track.
İşlem elle kapatılmış
Going to take profits now as this pair is uncertain. At least +100 pips, more than enough to make up for the SL.
Not
Interestingly, it nearly hit TP2
Not
TP2 was hit.
4h4hour4hrGBPJPYgbpjpyshortHarmonic PatternsTechnical IndicatorsshortTrend Analysis

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