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British Pound / Japanese Yen
Long

GBPJPY Victorian knights versus the Samurai

By UnknownUnicorn3664665
Updated

Daily view:


I can see a perfect .705 retracement on the daily timeframe, into a bullish orderblock (image below):

snapshot


On the lower timeframe (1H), we've broken past the resistance that was holding us back and now we should find support on it before taking on some more highs.

Target for now looks like that daily resistance level which would also fill the void on the daily timeframe that we have left on the recent dump.
Trade closed manually
I might be paranoid but the Samurai win this round. I closed at minimal profit, not liking that Swing Failure during New York open session.

snapshot
Comment
Victorian knights back on their feet! Not in the trade now but looks like we're heading for that resistance I outlined
Comment
It reached the target even though it hit my placed stop first haha

Congrats if anyone caught that 250+ move!
FibonacciGBPGBPJPYPivot PointspoundsamuraiSupport and Resistancevictoriayenyenpairs

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