GBP/JPY - 60 TF Analysis - Long Opportunity

A great Opportunity to Buy this pair when the Market Opens on Monday 23-03-20, We have a great harmonic chart pattern, which is the XABCD Pattern, along side Pitchfork which shows us how the Bearish movement was Supported and Resisted within the Descending Channel. with our 3 Leg Extension Dip Sequence from our Origin point, we can buy the pair above our 50FE Level which is above our Descending Channel's Resistance Trendline, which now is Support and take our first TP @FE100 Level. Apply Risk Management

Comment:

Target 1 Hit. A lovely trade it was