GBPJPY potential long
After a sharp move up form the discount zone and now consolidating on a FAG there is a strong indication that pair will move up before turning down to follow the overall down trend.
Suggestion is wait for a further confirmation by letting the pair break past the PWL level & enter on the pullback & trail stop it to TP1
If price breaks past TP1 level wait for a pullback into the orderblock to enter again before holding for TP2
Since the overall trend is down trade with caution and move your stop loss to breakeven when allowed then trail stop
Suggestion is wait for a further confirmation by letting the pair break past the PWL level & enter on the pullback & trail stop it to TP1
If price breaks past TP1 level wait for a pullback into the orderblock to enter again before holding for TP2
Since the overall trend is down trade with caution and move your stop loss to breakeven when allowed then trail stop
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