GBP/JPY - HEAD & SHOULDER - FAKE-OUT (HTF) : SELL

POTENTIAL TRADE: GBP/JPY

I am looking to enter short on this currency pair for the following reasons:
- Head and Shoulder price action pattern is evident.
- Price has created a fake break-out. Buyers are trapped and will realize losses soon.
- Overall down-trending market structure.
- Major zone of resistance at the right shoulder.

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