CollegeofPips

GBP/JPY Might Reach the 144.29 Level Soon πŸš€ πŸš€ πŸš€

Long
OANDA:GBPJPY   British Pound / Japanese Yen
πŸ’‘ Trade Idea

πŸ“ˆ Buy Limit GBP/JPY @ 142.95

🎯 Target Profit 144.29

πŸ›‘ Stop Loss 142.51

❌ Do not risk more than 1 % of your account on each trade

πŸ™‚ Good Luck !

Description:

The price is a clear upward movement by posting higher highs and lows. Currently, it is trading within a wedge formation, and as per Elliott Wave Theory, we are in Wave 4. Our expectation is a breakout to the upside from the wedge and a move towards the 144.29.
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