OANDA:GBPJPY   Libra esterlina/Yen japonés
Hello traders! I want to share with you my analysis of the GBPJPY pair and I expect that once the price reaches the marked green zone, we can assume some decline, it may not go all the way to L or LL, but if we follow the correct RRR, we can still profit from a short position! Good luck!

Note
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I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume 25%

In this way, I ensure that my equity curve grows consistently without significant dips.

Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!

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