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British Pound / Japanese Yen
Short

GBPJPY - 4H Short Idea

By MaestroIce
Updated
After a 50% pullback, after seeing some consolidation and a 4hr engulfing to the downside; bears are back in the game and we might see continuation of the strong downtrend in higher time frames.

*Risk management is key!
Trade closed: stop reached
STOP LOSS HIT. Jumped the gun on this one. Currently hitting Daily trendline and bearish 4H doji. Looking to re-enter the sell again soon.
Chart PatternsGBPJPYgbpjpyshortshortsetupTrend Analysis
MaestroIce
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