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British Pound / Japanese Yen
Long
Nov 7, 2021
GBPJPY: Reversal Needed
4
8
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16
16
I would expect retracements to fill the imbalance but it is not necessary.
Price is bearish so until we get that BOS that we want, we cannot look for buys.
However, if we do get the BOS we are after we can consider a setup like this.
What is your view on this setup?
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AlkalineFX
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GBPJPY
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