Technicals : GBPJPY on the shorter market structure has shown a significant bullish strength. What I ultimately want to see is another trendline tap. Price would grab liquidity to make a Double Top before going down. Take Profit level is fibo -27% which matches previous structure high.
AOI Entry Matches :
Trader's Arena FX
AOI Entry Matches :
- 3rd Trendline Tap
61.8% Fibo Critical Level
Minor Resistance turned Support
Trader's Arena FX
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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.