GBPJPY is approaching support where we expect a bounce. Buy above 143.08. Stop loss 141.21. Take profit at 146.20. Reason for the trading strategy (technically): GBPJPY is approaching our support at 143.08 (Horizontal overlap support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where we expect price to bounce above this level to our resistance at...
RETEST IMPORTANT TO FIRST REACH THE AREA SUPPORT FOR LONG AFTER GOING IN GBPJPY.
due to the visual observation of rising intensity contrast down,short it in the 5th wave