KatlehoMaleka

GBPJPY Sell Opportunity.

Short
FX:GBPJPY   British Pound / Japanese Yen
Another trade on my watch-list and my favorite. This is one trade with small risk and huge potential reward, a possible 1:5 risk reward ratio. This pair is in a falling wedge on the higher time frame, and my entry will be this potential bearish butterfly that completes at 154.417, that's where my Sell Limit will be. Stop-loss just outside the wedge and TP at 148.797.
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