GBPJPY analysis - hanging man at h4???

chart h4 - 2 am Malaysia

A hanging man candle has formed on the H4 chart. Went short at 140.32; stop loss at 140.88 (56 pips risk). Target projection: 200 pips.

This is a "set and forget" position. Let's see how market will play it out....
8.30 am - Stopped out at -56.


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