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CortesTeam

GBP/JPY: structure and fib confluence

British Pound / Japanese Yen (FX:GBPJPY)  
CortesTeam  
FX:GBPJPY   British Pound / Japanese Yen
Fibonacci Fibonacci Retracement fibo Fibonacci Cluster Fibonacci Extension fibextensions structure-trade structure strategy support Supply and Demand area GBPJPY
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fibonacci fibonacciretracement fibo fibonaccicluster fibonacciextension fibextensions structure-trade structure strategy support supplyanddemand area gbpjpy
As we go down making lower lows, the price is getting close to a very nice point of confluence at @134.000 even handle

At this point we have the following:
  • 61,8% fib retracement
  • 1,272% fib extension
  • Structure alignment: support

We think we might get filled in this trade next week
Remember Eyes on your mind, not on your trade

Cortes Team

Thanks !
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