British Pound / Japanese Yen
Long
Updated

GBPJPY Shark riding longs

1 320
After Shark pattern reached his 0.50 fibo level for completion to the downside we can see GBPJPY making perfect move for retracement ending in another shark pattern for longs. buy this pair right to the 0.50 fibo retracement
Trade active
Pattern still valid, GBPJPY structure follow to touch the 1.13 when the shark pattern best entry possible get generated, now we can see several rejection candles in that area and prices looking forward for higher level of structure

snapshot
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SO this pair had his difficulties to find hs way up but finally did, after price consolidated for a while in the 1.13 fibo level a minor shark formation was made and is already complete

snapshot

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