GBPJPY - Medium Term Short Bias
GBPJPY Moves gracefully at times of imbalance. When you spot the imbalance, take action without hesitation or you will catch the cobra in the mouth. The anatomy of the geometric pattern displayed is built with the ratios of fibonacci. By applying the fibs one can find high probability entries and exits.
PRICE ACTION
The rejection off the .618 and .500 leaving a trail of Lower Highs gave me the opportunity to enter this high probability set up!
"DON'T TRY TO MASTER MARKET INTELLIGENCE
INSTEAD AIM TO MASTER EMOTIONAL INTELLIGENCE"
Rodrigo Antonio
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