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irfaan4117

GBP/JPY - READY FOR A BULLISH RUN ??

Long
British Pound / Japanese Yen (FX:GBPJPY)  
irfaan4117  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns
5
1
trendanalysis harmonicpatterns chartpattern
If there is a clear break above 141.300 (daily level), then we can see this pair flying up to April high's around the 147.000 level.
Weekly time frame is showing a Head and Shoulder formation.

SL: 139.000 (below monthly level)

TP1: 143.800 (+300 PIPS)
TP2 (upon breaking above TP 1 level): 146.500 (+260 PIPS)
TP3: (upon breaking above TP 2 level) 149.000 (+240 PIPS)
TOTAL: 800+ PIPS
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