Long Idea GBP/JPY:
Based on our Analysis we see a Strong Up Channel based off the Daily time frame Making HH and HL we anticipate a pull back and then a further push to the upside to our 3 Take Profit Areas highlighted .
TP1 : 169.067
TP 2 : 170.467 (Monthly Take Profit)
TP 3 : 174.707
SL : 147.034
If the market does a Deeper retrenchment to our second entry point highlighted round about 152.337
our Take profit analysis will stop at TP 2 : 170.467 (Monthly Take Profit) we will then anticipate a Larger than normal retracement.
Based on our Analysis we see a Strong Up Channel based off the Daily time frame Making HH and HL we anticipate a pull back and then a further push to the upside to our 3 Take Profit Areas highlighted .
TP1 : 169.067
TP 2 : 170.467 (Monthly Take Profit)
TP 3 : 174.707
SL : 147.034
If the market does a Deeper retrenchment to our second entry point highlighted round about 152.337
our Take profit analysis will stop at TP 2 : 170.467 (Monthly Take Profit) we will then anticipate a Larger than normal retracement.
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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.
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.