BUY GBPJPY @157.5
Stop loss @ 157.250
Target 1: 162.000
Target2: 168.950
Target3: 171.500
Today, I can clearly see completion of A,B, C correction wave on H4 timeframe and wave C retracing down to 78.6% Fibonacci level. I’m waiting for a possible bullish bar confirmation on the H4 timeframe; in this trading month I’m anticipating the bullish move on GBPJPY for the rest of February.
Stop loss @ 157.250
Target 1: 162.000
Target2: 168.950
Target3: 171.500
Today, I can clearly see completion of A,B, C correction wave on H4 timeframe and wave C retracing down to 78.6% Fibonacci level. I’m waiting for a possible bullish bar confirmation on the H4 timeframe; in this trading month I’m anticipating the bullish move on GBPJPY for the rest of February.