GBP/JPY: Wait for a pullback then buy !

Updated
Hi guys,

GBP/JPY broke it's trend line (parallel channel) and I am now waiting for a re-test of the trend line.

Zoom out for more details.

I need to have a higher Low forming (as shown in my chart).

RSI confirms the breakout as well.

I have made projections using fib retracements for targets.

Good luck!

Cheers

Jesse

Note
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Note
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My target is 150.00
Trade closed: target reached
Bullish PatternsbuyChart PatternsGBPGBPJPYjpyTrend Analysis

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