GBPJPY analysis - weekly 50% level rejection???



chart h1 - 1 am Malaysia
as expected, price retraced to weekly 50% fibo (176.00)
a high-wave candle followed by a hanging man should confirmed downwards move
entered a sell position at 175.20 with tight stop-loss (176.30)
1st TP - 170.68

UPDATE: SL hit - loss 90 pips

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