Gbpjpy short
After a whopping 1400 pip+ move it's time for a pullback to keep the upside move healthy. We have seen a top forming today and a reaction at the first retest of the top. A base(support) has been formed in the US session today which I expect to be broken in the upcoming trading days. I'd favor a strong break and retest pattern. Will keep you updated on when I place my entry. Until then I'll be watching this setup very closely.
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