British Pound / Japanese Yen
Long
Updated

Hammer at support confluence #GBPJPY

GBPJPY has reached a key support of multiple technical levels.

- The main rising trend line
- The 61.8 retracement for the overall bullish wave
- The 1.618 extension for the latest shorter term bullish wave BC
- Fisher oversold

I am Looking for a bullish bounce.

Best
Technician
Note
No trade yet on the pair. The scenario remains possibe but we need the confirmation.

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