GBPJPY analysis - 300 pips downwards breakout??

chart h1 - 6 am Malaysia

Three black crows had formed at the daily chart; which indicates that the current trend is extremely bearish. Meanwhile, at the hourly chart, a possible bearish flag pattern might be in progress.

Should this bearish flag is valid, a breakout on the downwards side could be anticipated. The pole height could be used as a target projection; which means the price could make a new low at 128.64. :-?
2.00 pm - looks like the bear party has started <:-P
3.45 pm - closed half position at +100, the other half rest at +5
5.30 pm - still stuck at 130.xx psychological level
bulls and bears are still fighting :))
8.30 pm - new record low 129.77
but bulls are still fighting hard ~x(
9.30 pm - closed all sell positions
good US trade balance; might push the beast up
Woke up next morning and found out that a NEW HISTORY LOW (128.82)
was made... just 18 pips shy from my prediction :">


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