British Pound / Japanese Yen
Short
Updated

April 25, 2025 – GBPJPY Short

126
📉 Bias: Bearish | Risk: 0.5% | 🎯 Target: 1:3

🧠 Reasoning:
Reaction from Daily Imbalance + Daily EMA 📊. Buyers showing weakness, sellers taking control ⚔️.
After completing the extended wick, price left a clean imbalance – that’s where Im planning to enter 🎯.

⚠️ Note:
We could spike higher into the Weekly EMA, but setup still looks solid. SL: 20 pips 🛡️

Trade active
Got Tagged in, looking to put Breakeven as soon as we break the last structure.
TP 1:3 75% and 25% till asia Low.
Trade closed: stop reached
Got stopped out, it may give an re entry opportunity.

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