GBPJPY BULLISH VIEW

Price formed potential Inverse head and Shoulder pattern and at same time exhibit ABCD pattern.

Strong Resistance spotted at 148.54-149.40

we can open a quick sell order at Sell@149.40
stop Loss: 150.47
Tp: 145.65

Then Buy Back from 145.65 with stop loss @141.05 with target@
T1: 148.95
T2: 156.45
T3: 161.45
T4: 168.70

Possible Entry and exit targets are clearly stated on the chart.

BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS

Join our discussion room for more about our trading ideas.


Please share your thougths about it and support my post with your LIKES if you think it's useful.

Thanks

Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.

Trade active:

Short term view

Trade active

Trade active:

Hello guys prepare to sell when price get to the level I tagged Strong Resistance at 148.54-149.40

we can open a quick sell order at Sell@149.40
stop Loss: 150.47
Tp: 145.65

Trade active

Trade active

Trade active:

Sell order activated guys, target remain thesame

Kindly, LIKE, FOLLOW & COMMENT on the post
Thank You for your support, it motivates and encourage me to make many more.

Trade active:

Massive profit guys.

Trade active:

Trade active

Trade active:

wow!!!!!!!!!!!!!! Gj nice trade guys

Trade closed: target reached:

Sell call target achieved

Trade active:

Buy order is activated