GBPJPY Trade Signal – Inside Bar on S&R

We have a signal for a short trade on GBPJPY. My entry is at 160.19 with the stoploss at 164.38.

2016-04-27-gbpjpy-20161022211759

This is technically not an Inside Bar, since it’s a few pips above the previous candle, but this falls under “close enough.”

This isn’t an exact science, and a couple of pips doesn’t really mean anything on a daily chart.

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