Fed02

GJ SHORT, Trading the retracement!

Short
OANDA:GBPJPY   British Pound / Japanese Yen
Confluences:
Before anything I need to see this current 4H candle to close as a maribozu, if not, I may need to wait longer.
However this are my confluences.
-Price was in a steady upwards channel
-Price broke this channel and broke structure at the daily timeframe level with a lot of momentum
-Gonna enter when price retests this structure
-Gonna sell it to a major level 149.5

Feel free to tell me what you guys think!

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