GBPJPY Breakout short
I see a lot of analysis out there making the case for a long on this pair... i disagree. Based on my own analysis, i see a major uptrend line being broken and a re-test occurring in the form of a bearish flag pattern. I also see very probable/plausible bearish cases for many other yen pairs. If i get bearish confirmation here for the flag pattern thats setting up, i will enter short. This could produce many hundreds of pips. High reward potential, relatively minor risk. I like it. Lets see
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