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GBPJPY broke one-year uptrend line and major support

Short
FX:GBPJPY   British Pound / Japanese Yen
Last week GBPJPY (GJ), broke a major uptrend line started back in late 2016 with a massive engulfing candle with two followed red days, there was a fake break down of this trendline in mid-2017 after the break price recovered back to form higher high. This time price broke a major support also which it tested three times until this time breaking down with major bearish candles and price appears to be heading down to 140 range in where price had the impulse move on this uptrend line and few Fib confluence exist at this range.
If we move down to H2 chart set-up, a beautiful downtrend line is in process which supported the break of the major uptrend line on daily chart set-up. At this point, the price had already completed the impulse move down after testing the downtrend line. Entry at this point will not give great risk-reward until price break the counter trend line (highlighted in red) and moving the stop below the resistance, price behavior tomorrow will give a clear view of the consolidation pattern or if any potential fake breakout happened like back in 2017.

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