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GBPJPY - Strong Support ahead!
British Pound / Japanese Yen
Long
GBPJPY - Strong Support ahead!
By Medjan
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Feb 16, 2018
1
1
Feb 16, 2018
GBPJPY
could be ready for a bounce.
The green marked zone includes a strong
Horizontal Support
, a possible
Trendline Support
, a
50% Retracement
and
Yearly and Monthly Pivots
.
The zone has already been touched, but a second, deeper touch of the Trendline would give us a better Risk:Reward-Ratio.
Fibonacci
Support and Resistance
Trend Lines
Medjan
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