GBPJPY Sell Opportunity
D extension completed and sold off to 195.37. Price has retraced to the 50 ema/ 61.8% fib level to restart the ABCD pattern.. Looking for price to continue down to 194.5 ish to complete another D leg extension.
Note
exiting trade just before stop to wait for a better entry.. gap is strong after nfp.. Note
stop loss was set too tight. price bounced around in the resistance zone and looks to be heading back down. Will be entering trade at 197.500 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.