GBP/JPY long position analysis

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gbp/jpy 30-minutes long bullish pattern stick chart analysis

Trend Analysis: Identify the overall trend on the chart. If the price is making higher highs and higher lows, this indicates a bullish trend.
Support and Resistance: Look for key support levels where the price has previously bounced back up. Resistance levels can indicate where the price may struggle to break trend strength.
Volume Analysis: Check the volume accompanying price movements. Increasing volume during upward movements can suggest strong buying interest.
Chart Patterns: Look for bullish chart signal potential upward movements.
Price Action: Analyze candlestick patterns. Bullish edge retracement levels to identify potential pullback areas that may offer further buying opportunities.
News and Events: Be aware of upcoming economic news or events that could impact the GBP/JPY pair.
Trade closed: stop reached
guys unfortunetly our stop loss is triggers

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