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jetly232
Jun 10, 2020 1:37 PM

GBPJPY - Short - Head and shoulder  Short

GBP/JPYOANDA

Description

Price has clearly been forming a head and shoulder pattern and also it is inline with the HTF structure.

Entry was after a bear flag was formed following 6-8hr candle.

Its correlative pair GBPUSD is also inline with short setup (refer to my GBPUSD setup)
Overall the R:R also fits my trade set-up.

Trade closed manually

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