Got a pretty nice set up here on the GBPJPY, GBPUSD is forming a bullish harmonic as well which bodes well for our outlook.
We are approaching daily support, we already have a major wick rejection 3 candles prior around the 143 region. We have completed two bullish hamronic, RSI is creeping to oversold,
Once candles show me some bullish strength I'll be looking to go long,
Typically take profits are at 38%, 61% and 100% of the A to D moves. I'll be looking to hit the more aggressive tp's this time.
Enjoy!
We are approaching daily support, we already have a major wick rejection 3 candles prior around the 143 region. We have completed two bullish hamronic, RSI is creeping to oversold,
Once candles show me some bullish strength I'll be looking to go long,
Typically take profits are at 38%, 61% and 100% of the A to D moves. I'll be looking to hit the more aggressive tp's this time.
Enjoy!