British Pound / Japanese Yen
Long
Updated

Now it's the time to take the entry

230
Now it's the time to take the entry from this level. market has come to the same area again as retest.
Note
according to the current market analysis GBPJPY might be up this level. by comparing 5 minutes and 15 minutes time frames we can see still the market is in buyers area and when we switch into 5 minutes time frame the support line broke through couple of times but it came back to the buyers area again which means those are all fakeouts. so this means probably market buyers are still in control
take a look at the below 5 minutes picture

snapshot
Note
The market is moving quite fast now. just be watch out those who took the entry.
snapshot
Trade closed: target reached
Market comets to the exact expected area right now
Note
snapshot

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.