BloomFisher

GBPJPY is Approaching DYNAMIC SUPPORT - Potential for Reversal!

Long
BloomFisher Updated   
FX:GBPJPY   British Pound / Japanese Yen
Hey Everyone,
GBPJPY has just HIT the Daily Short Targets which means sellers positions are about to close and Buyers could Jump right in,
Based on Dynamic Support, price actions indicates and Oversold ratios on H4 chart In accordance with Fibonacci Grid level
1.618 on recent (mSwing) which concludes to an overall Bullish Insights.
and hence we'll BUY GBPJPY with these preferences,
BUY NOW or at 143.893
STOP LOSS - 142.777
TARGET 1 - 145.600
TARGET 2 - 148.248

More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
Trade active:
KEEP HOLDING!
Trade active:
Trade closed: stop reached:
STOP HIT (-100 PIPS)
BUY AGAIN!
Trade active:
KEEP HOLDING!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.