GBP/JPY: Buy!
As we can see from the 4H chart, we have broken a downtrend line and are on the verge of breaking our first area of resistance. It is important for us to wait for the close above our current resistance area, a retest and the some bullish confirmation to the upside!
We might see the pair revisit support and continue upwards to previous highs so be on the lookout for that possibility.
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We might see the pair revisit support and continue upwards to previous highs so be on the lookout for that possibility.
If you find this idea useful feel free to follow me, leave a like, comment and and share your thoughts!
Below are my social links!
Instagram: @jacquesyse
Telegram Public Channel (free): t.me/FxForeC
Goodluck and successful trading!
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.