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GBPJPY: Sell Off About to End

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Fxprotrader  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis GBPJPY
16
2
trendanalysis gbpjpy
Daily Support Level

Price has reached:

1. The lower parallel of an upsloping median line set (previous support)
2. Previous structure support/resistance (horizontal)
3. The 78.6% fib retracement of previous uptrend

240min Setup

Massive rejection candle
Stoploss: 147.000
Take Profit: 149.500

240min Chart Setup:
snapshot

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