congibb

GBPJPY- long opportunity

Long
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY- two confirming factors here for a potenital BUY, First we have an interesting DESCENDING TL which price so far has rejected from. we are also in
an ascending channel and currently testing the channels support TL, also creating a new higher lower. price has rejected this area so far, no entry for me here just yet, awaiting price to make a second rejection, should we see one, i will be entering a buy here.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.