Going Long in GBPJPY

Hello Traders

Trade Indications:

On Shorter time indicating Bullish trend.
Bullish Engulfing formed on 1h chart
Price tracing from minor trend line.
Price below major resistance level
Price aboce 50 FIB level
Bullish Pennant Pattern formed.
GBP moderately bulling in January

Buy / Long trade:

Buy @ 159..410
Stop Loss @ 159.050
Take profit @ 161.210

Regards