Trade idea - GBPJPY Long
4H
Corrective approach towards entry zone.
Market moving in Bull Flag formation.
= Confirmation to place Buy limit.
1.5% risk.
Aiming to take full profit at Daily TP.
Corrective approach towards entry zone.
Market moving in Bull Flag formation.
= Confirmation to place Buy limit.
1.5% risk.
Aiming to take full profit at Daily TP.
Note
3M
Bullish M pattern potentially in play.
Clear support & resistance zone is there.
Note
WEEKLY
Possibility that Bullish M pattern plays out.
Clear support & resistance zone is there.
Note
DAILY
Fake Out was formed towards that Weekly support & resistance zone.
Inverse Head & Shoulders pattern was received after.
Now looking for the Bullish M pattern.
Clear support & resistance zone is there.
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