Fxprotrader

GBPJPY: Let's Try to Catch the Next Impulse

Short
OANDA:GBPJPY   British Pound / Japanese Yen
Price broke below a sliding parallel (key support) with a sharp impulse and it's now in a correction move to the upside, most likely till the broken parallel. At that level we start watching for a sell setup completion, to catch the next impulse with a potential tp the slideing parallel below the lower parallel of the pitchfork, as shown with the arrow in the chart.
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