GBP/JPY STRUCTURE ANALYSIS - Hourly Overlook 08/12_11:11

FX:GBPJPY   British Pound / Japanese Yen
255 0 4
Trade active: My first move...
Comment: In we go...
Comment: I will move my stop back enough to allow for the channel contact and place back once the short commences...
Comment: OK seems like we are exiting an elongated triangle.. Signs of this are confirmed when wave-c and wave-d spike as shown on image.. I will sell again here...
Order cancelled
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