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GBPJPY,🔴It looks bearish🔴

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Paun British / Yen Jepun (FX:GBPJPY)  
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FX:GBPJPY   Paun British / Yen Jepun
Trend Analysis Chart Patterns Beyond Technical Analysis pound Forex yen GBPJPY Gold BTC XAUUSD signal gbpjpyanalysis
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trendanalysis chartpattern beyondta pound forex yen gbpjpy gold btc xauusd signal gbpjpyanalysis

We can see that the price shifted the structure and we are in a bearish market now.

The price created a lower low and mitigated all the supply zones, finally, the price created liquidity below the bearish order block and had a bearish reaction after hitting this zone.

For more confirmation, we need 15 minutes CHOCH. we can define 186.73 as the first target, and then the price fills the FVG.




💡Wait for the update!
🗓️05/02/2024
🔎 DYOR

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Komen:
I should mention that if the price penetrant above the bearish order block, this TA failed.
Komen:
As I expected the price reached 186.73 as the first target and now it trades at around 186.58.

More than 80 Pips so far.
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