GBP JPY Standing perfectly in Cup and Handle format in Daily chart. Go long above entry candle as shown in the Pic. Stop loss below Entry Candle.
Gear up and place your limit orders on break out...!!! Cup and handle pattern to give breakout by 18th Dec 2021
The Head & Shoulder Patter is clearly appearing is USD CAD and should give breakout in next couple of Days/
Head and Should Pattern as given very perfect target after entry. Always recommended to use higher time frames to read the chart pattern for better accuracy. Ex: 30 mins and Beyond is recommended for Short term 2 to 3 days trading period. For intraday 10 to 15 mins time frame works well.
Capture the momentum ASAP, IOC as shown strong Fundamentals and moving as per rule.
Captur the movement early as indicators are strong and go Long for 3 to 4 weeks period holindg
One it crosses the Trend line will create new Highs.
Buy above the Base Line and Buy after retrace for safety. Target is Depth of the Head and Stoploss can be Day Low or Previous Entry Candle Low.