Gbpjpy price of ready to fly
Gbpjpy price trend to continue buy
During session
It is expected that price will continue in
The buy trend and can approach
Note
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Hi traders, if we get a breakout here, It'll be a good opportunity to go long. However it needs to have clear bullish momentum behind the breakout. I suspect it will sick fill the larger bearish candle.
so at the moment i am waiting for gbpjpy to break above my .236 lvl of (165.987) after itll run to the other .236 lvl of (166.805) which will be my first tp after it can run to tp2 which is 167.032
Entry:165.987
Tp 1: 166.805
Tp 2: 167.032
SL: 30 pips
GBPJPY will keep on bullish momentum after being rejected to the H4 trendline and retrace back to the H1 minor trendline,it has formed a pin bar candlestick on the trendline which is the signal of the reversal of the price direction.
Here's an idea on the GBPJPY pair, the pair is currently trading in an ascending triangle within a bigger ascending channel on the D1 chart the ascending triangle could be a signal for continuation on the pair. looking for a continuation to the upside and for the ascending channel to hold and continuation with the bulls.
Signal:
Buy after market open from Current...
