BUY GBPJPY @157.5
Stop loss @ 157.250
Target 1: 162.000
Target2: 168.950
Target3: 171.500
Today, I can clearly see completion of A,B, C correction wave on H4 timeframe and wave C retracing down to 78.6% Fibonacci level. I’m waiting for a possible bullish bar confirmation on the H4 timeframe; in this trading month I’m anticipating the bullish move on GBPJPY for the rest of February.
Stop loss @ 157.250
Target 1: 162.000
Target2: 168.950
Target3: 171.500
Today, I can clearly see completion of A,B, C correction wave on H4 timeframe and wave C retracing down to 78.6% Fibonacci level. I’m waiting for a possible bullish bar confirmation on the H4 timeframe; in this trading month I’m anticipating the bullish move on GBPJPY for the rest of February.
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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.