GBPJPY

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As much as I would love to go short on this pair, I feel it is too soon to make that decision. As it stands from my perspective, there are two possibilities and that means until I see a shift in momentum either to the upside above the 185.101 level or downside below the 183.760 level
Note
Trade is setting up nicely. I will wait to see a retest of the just broken zone and rejection of that area to give me a confirmation for the short position.

snapshot
Chart PatternsGBPJPYgbpjpyanalysisgbpjpyideagbpjpyoutlookgbpjpysetupgbpjpytradeTrend AnalysisWave Analysis

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