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RaynLim

GBPJPY : Structure Trade

Short
British Pound / Japanese Yen (FX:GBPJPY)  
RaynLim Updated   
FX:GBPJPY   British Pound / Japanese Yen
Support and Resistance Candlestick Analysis Supply and Demand askforex100 GBPJPY Candlestick analysis Trend Line Break TRENDLINERETEST trendtrading
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supportandresistance candlestick supplyanddemand askforex100 gbpjpy candlestickanalysis trendlinebreak trendlineretest trendtrading
Having a 1-hour candle covers running losses and gearing towards profit, there's a concern of a greater sell-off. Traders who aren't comfortable with this setup should stay away from trading. When a break and close below 135.08 happens would be a stronger indication for the shorting setup.
Trade closed manually:
Trade Manual Exit at 135.67(+20), waiting for retest at 136.08 on H1 chart as a double to engagement to the trade. stops and target remains the same should that happen.
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