GBPJPY - Long entry, beginning of another leg
GJ has been falling like crazy over the past week!
This week it looks like it might bring us a set up for a nice long entry:
-Horizontal support (apparent from the chart)
-Hourly chart supper (blue line)
-0.7 reverse fib level
-RSI being oversold on multiple TFs
Looks like it could be a very nice long, do try to enter at about 154.180 which is a bit under fib level (right at black box)
Safe and successful trading!
This week it looks like it might bring us a set up for a nice long entry:
-Horizontal support (apparent from the chart)
-Hourly chart supper (blue line)
-0.7 reverse fib level
-RSI being oversold on multiple TFs
Looks like it could be a very nice long, do try to enter at about 154.180 which is a bit under fib level (right at black box)
Safe and successful trading!
