Possible Long Opportunity.

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Breaking down GBPJPY i was able to observe a wedging effect to take place under some extended ranging or consolidation time.

I am expecting a bullish breakout to the upside.

My illustration describes what we observed. And how the pair may play out.

I am considering some Orders. That i will later add in the comments.

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Still developing. Structure respected 138.585
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Structure still respected. Price bought back into execution zone. Awaiting till later today to find entry. Will provide coordinates.
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FXUgjLONGtrading

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