GBPJPY Possible Sell Setup

Sell @150.500
Target 144.00
Stop Loss 153.400

Note: this is not a signal, just a possible trade setups.
All the EW is to me to a means of helping me identify positive trading opportunity(ies), I can identify a good positive risk/rewards ratio.
* Where are you placing your risk, and where is the target potential - absent where you are setting your stop/ where you are looking to take profit.

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