GBPJPY Sell the Breakdown

Hi there,

Another good trade setup but carry risk ahead of Parliament VOTE as GBP crashing possibilities exist. NOTE: Trade with care on GBP pairs.

How you can trade on this chart.

1. Watch for the strong breakdown and look for sell.

Or

2. Let the price push up for one more up wave and then look for sell from 886 of fib lines.

In case price keep rising sharply and break above the previous high then it will invalidate the sell setup.

Good Luck

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