Dear traders.
I see GBPJPY pair created ascending triangle pattern during this week.
GBPJPY created ascending trend on H4 chart. If we combine bottom line of trend channel with impulse pointthen we can see triangle pattern. This is very good opportunity for us.
I think that it will go up more but we have to wait for some points. We can place buy stop order and wait for breakout. I hope this breakout will happen during this week.
MY ADVICE: place buy stop at selected level and wait.
IMPORTANT LEVELS:
UP: 151.00. Note: if these levels will cut then GBPCHF will fly to up 100-150 pips approximately! Then 151.89 and 153.56
DOWN: 149.43 , 148.64 , 147.80.
I see GBPJPY pair created ascending triangle pattern during this week.
GBPJPY created ascending trend on H4 chart. If we combine bottom line of trend channel with impulse pointthen we can see triangle pattern. This is very good opportunity for us.
I think that it will go up more but we have to wait for some points. We can place buy stop order and wait for breakout. I hope this breakout will happen during this week.
MY ADVICE: place buy stop at selected level and wait.
IMPORTANT LEVELS:
UP: 151.00. Note: if these levels will cut then GBPCHF will fly to up 100-150 pips approximately! Then 151.89 and 153.56
DOWN: 149.43 , 148.64 , 147.80.