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British Pound / Japanese Yen
Long
Updated

GBPJPY 4H

265
Back at daily support once again, still in an uptrend but has been moving sideways for some time now.. Looking for longs after a break & close above the 50% fib, if we break 152.800 resistance & get a daily close above this pair will look to make a new higher high
Note
upside target after a clean break of weekly resistance would be near 156.000
Note
snapshot
Note
snapshot 1st long position added after 60 min CTL break + price is now above the 50% fib.. another entry will be added after the break of the 4 hour CTL plus break & retest of the 38.2% level
Note
breakout occurred entry on the retest I am looking at snapshot
Profound_Ambition
GBPJPYhigherhighpoundrejectionSupply and DemandSupply ZoneSupport and ResistanceTrend Analysisuptrendyen

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GBPJPYhigherhighpoundrejectionSupply and DemandSupply ZoneSupport and ResistanceTrend Analysisuptrendyen
Profound_Ambition

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.