GBP/JPY Buy opportunity
I see multiple confluences to the upside.
1. Broke and retested trend line
2. Broke resistance and also retesting now support
3. Moving averages are crossed
4. H1 and 30min Fib are the same
5. Rejection off the 61.8 fib zone which is the same as support
1. Broke and retested trend line
2. Broke resistance and also retesting now support
3. Moving averages are crossed
4. H1 and 30min Fib are the same
5. Rejection off the 61.8 fib zone which is the same as support
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.
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.