Cedrick

GBPJPY Potential Sell Breakdown

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJY break below 165.500 on the 3m TF, it was consolidating between 165.500 and 165.00, I'm looking for a retracement in between the 50% and 70% fibs zone for entries. if played perfectly I'm I'm looking a nice 1:5 RR /25pips/SL 125pips/Target.
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