Hey guys. GBPJPY show a long time oversold price at RSI.
With simple fibonacci retracement I would like to look for long this pair by detecting any rejection for the target price. The target price we should eye is 174.586
Any great rejection within h4/d1 would suggest buyer take over for some period. the take profit area should be around 179.794
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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.