GBPJPY Price is forming the similar pattern, previously when price reject and drop like the current price action; it dropped significantly. We also noticing that price being exhausted as the current pair is overbought recently. After taking these two factor into consideration our idea can be successful if these two works out.
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Trade active
Setup is currently active and working well, the pair has moved 170+ from our entry point. If you have taken the trade then well done.
Note
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Trade closed: target reached
The pair has reached the target of 495 PIPS SUCCESSFULLY!!
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