UnknownUnicorn772665

GBPJPY Long Trade *FIBONACCI SUPPORT LEVEL*

Long
OANDA:GBPJPY   British Pound / Japanese Yen
GBPJPY has reached a daily/4hr support at the Fib 0.618 retracement level. We have multiple bullish wick rejection candles closed at this level and it is looking good for a new push to the upside.

Profit Target is at the Fib 27% extension and then previous highs at 148.500

Stop Loss I have placed below the wick rejection of the 0.618 fib level
Trade active
Comment: Bullish momentum now entering the market :)

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