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JayP0well

GBPJPY Intraday Outlook 23/04/20

Long
British Pound / Japanese Yen (FX:GBPJPY)  
JayP0well  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators GBPJPY technicals
5
0
trendanalysis chartpattern indicator gbpjpy technicals
Technicals : GBPJPY on the shorter market structure has shown a significant bullish strength. What I ultimately want to see is another trendline tap. Price would grab liquidity to make a Double Top before going down. Take Profit level is fibo -27% which matches previous structure high.

AOI Entry Matches :

  • 3rd Trendline Tap
    61.8% Fibo Critical Level
    Minor Resistance turned Support

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