Charlieab94
Long

GBPJPY Long Trade *MULTIPLE CONFLUENCES*

OANDA:GBPJPY   British Pound / Japanese Yen
GBPJPY looks good for a long trade position according to my analysis.

Bullish trendline on the intraday timeframe with 4 waves made and looking to complete the pattern with a 5th ( bullish ) wave up to new higher highs. Price is rejecting the daily pivot level and 50 EMA .

There is also the fib 0.618 retracement level to act as support for price.

Check out my blog site for more free technical analysis and trading education https://diaryofafinancekid.com/blog/
Mar 27
Trade active
Mar 27
Trade closed: target reached: Nice trend continuation trade

Comments

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