GBP/JPY going to Heavens?
Updated
Found long setup on GJ 4H/1H trade.
1:After a complex condition of market GJ finally begins it's bullish race.
2:Market making HH/HL.
3:Break of structure to the bullish side.
4:Market testing broken level 137.600.
5:Market showing strong bullish momentum to the left side.
6:Fibs level 50% & 60% being respected.
7:200 MA also showing strength to the bullish side.
8:Market forming a wedge at the area of interest,showing that sellers are getting weak(can't make LL).
1:After a complex condition of market GJ finally begins it's bullish race.
2:Market making HH/HL.
3:Break of structure to the bullish side.
4:Market testing broken level 137.600.
5:Market showing strong bullish momentum to the left side.
6:Fibs level 50% & 60% being respected.
7:200 MA also showing strength to the bullish side.
8:Market forming a wedge at the area of interest,showing that sellers are getting weak(can't make LL).
Comment
market initially hit my stop loss, but i entered again after i saw my entry criteria was meet again..Hint: Always look LTF for entries, that will up your game.
If you have any questions you ask me in comments.
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