The following is the hourly chart of GBPJPY currency pair as of March18, 3 AM. If you check this you can see that there is a trend line that was broken in the hourly chart. I was observing the 15 min. chart also and in the 15 min. chart when it retraced back I entered a sell trade. Currently I am in 10 pips profit. I put the stop loss above the trend line. There is another trend line below that so I put the take profit a little above that. Check the following picture.
GBPJPY hourly chart
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