GBPJPY Push lower to 139.500 handle

Hi guys,

Hope all is well. My 16th published trade on Tradingview.com (AUDCHF was a huge success and we closed out manually)

*Please keep yourself alerted on my trades, I will advise either on my Instagram (@Saifsofficial) or in the comment section in Tradingview.com*

Taken this short position, based on a gap we had over the weekend, this isn't massive but we saw price move away from the gap taking out any positions for a sell last week. I believe, a gap should be closed before making any significant move higher. We saw manipulation and saw weird moves in the market place, ESPECIALLY FOR THIS PAIR. So technically looking at this pair, its come into the consolidation move we've seen for the last few weeks, now why I believe this is an interesting trade to take is because if we monitor manipulation given to us by previous data, we can see price move sideways and then have a random upwards move, close and then a move downwards. So it's taken all sellers out, buyers got scared and secured profits and now the pair are looking to the go the same way it was initially going, this tends to happen a lot. RSI/STOCK buy the time reaches our entry points will both be overbought also.

*Any change of views on this pair, I will advise in the comment section.*

Sell limit is @140.727
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Take profit is 127 pips
Stop loss is 44 pips.

Let the trade run, will keep you lot updated as time goes on. I may also re-enter if the price moves higher.

*This is not financial advice*

Also would want to say, thank you guys so much for making my trade ideas go viral, the support on my Instagram and Tradingview.com has been amazing.
Happy trading.

@Saifsofficial on IG, get in touch!