(P) Update: GBPJPY – More Consolidation Before Dropping + A Change In Wave Count + A Lesson In Change

The last trade made on this pair netted us +406 pips before getting taken out at B/E with prices retracing upwards instead of continuing to drop. This was always a possibility of course. That is why I had taken profits when I could and moved the SL to B/E. For this very reason. So now that it has taken us…

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