GBPJPY - LONG - FLAG PATTERN + RSI DIVERGENCE
After a bullish breakout of the decending channel, price has formed a nice textbook style flag pattern which will break towards the upside.
Target is based on next resistance which is a confluence with Fibonacci Retracement.
Target is based on next resistance which is a confluence with Fibonacci Retracement.
Order cancelled
Order cancelled - no impulse break out of the flag therefore no trade
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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.