GBPJPY 1H, ABCD pattern
GBPJPY 1H, possible long... uptrend, ABCD pattern (blue) in C-D leg of a bigger ABCD pattern (yellow)... both line up with the 1.618 Fib extention and also previous structure.. can wait first retracement because RSI and Stoch show right now overbought. if no break out the channel can make nice pips here.
Note
stop reach
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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.