Simple trading - 2 NEW BULLISH PATTERNS
The buy is active! The long wait may be over. I am looking to gain a 200+pip Long on GBPJPY.
BULLISH CONFIRMATIONS
1. Daily Cup and Handle (see previous charts)
2. 1hr Heads and shoulder
3. Fibb 3.82 rejection
4. Triangle break out
*I would usually wait for a solid break and retest. However with a simple setup like this. We will trade aggressively to maximize profit.
Lowest entry: 189.249
The buy is active! The long wait may be over. I am looking to gain a 200+pip Long on GBPJPY.
BULLISH CONFIRMATIONS
1. Daily Cup and Handle (see previous charts)
2. 1hr Heads and shoulder
3. Fibb 3.82 rejection
4. Triangle break out
*I would usually wait for a solid break and retest. However with a simple setup like this. We will trade aggressively to maximize profit.
Lowest entry: 189.249