GBPJPY near support and 618 fib. Long entry eminent!
Keep an :eye: on this one, as it has entered my area of interest, near the 618 fib level, aligned with structural support, and OVS on Stochs. This is a strong uptrend, so looking for buys only.
Wait for wick rejections from the level, and a bullish momentum candle up... like a bullish engulfer, a hammer, or morningstar formation. These are the confirmations for entry.
Wait for wick rejections from the level, and a bullish momentum candle up... like a bullish engulfer, a hammer, or morningstar formation. These are the confirmations for entry.
Note
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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.