💡 Don't miss the great buy opportunity in GBPJPY

FX:GBPJPY   British Pound / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (141.35). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.

Take Profits:
TP1= @ 142.00
TP2= @ 142.25
TP3= @ 142.80

SL= Break below S2

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You had anticipated the direction so right. I should always keep an eye on your ideas.
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, We hope you enjoy it.
i was good. yeah, i missed 100 bucks for minimum by missing it
+1 Reply
@Sir_Ray, Thank you for your comment.
Thanks. please keep posting the amazing ideas here. 👍
+1 Reply
@Kamryn, Sure. Thanks for your support.
Nice setup and detailed analysis, I thought It could be a sell trade. But I trust your work more than my own. :))
+1 Reply
ForecastCity Megan_forex
@Megan_forex, Thank you for your support. we appreciate it.
Thanks for sharing, looks more of a downtrend tho.
+1 Reply
AndrewFrazier carefulOwl22772
@carefulOwl22772 have a look at the 4hr time frame 😊
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