GBPJPY - 5-0 Pattern

A 5-0 Pattern set up for a counter-trend trading opportunity. There's a trendline that can help you to gauge the movement of the setup, breaking and closing below the trendline weakens the uptrend movement.

Trade closed manually

Having a 1 bar of the strong bullish candle it may go both ways, which includes a massive sell-off.
Trade Exit at 135.81(+19) to re-analyse the trade setup.

RaynLim

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RaynLim

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