dramadon

GBPJPY Long now, Short after TP

Long
FX:GBPJPY   British Pound / Japanese Yen
Price has found support at a major level and retested that level 3 times. This level is also our golden 50-61.8% zone. Talk about CONFLUENCE! Pinbar has also printed right on a zone and it only makes since to follow the trend upwards from here. But what I do see is a possible head and shoulders pattern forming so this setup actually has the potential for 250+ pips if we get the right price action to print on our zones.

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