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AEFX786

GBPJPY Long Setup

Long
British Pound / Japanese Yen (FX:GBPJPY)  
AEFX786 Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Supply and Demand Support and Resistance GBPJPY gbpjpylong gbpjpybuy gbpjpysignal gbpjpyanalysis gbpjpyidea gbpjpysetup gbpjpyforecast
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trendanalysis supplyanddemand supportandresistance gbpjpy gbpjpylong gbpjpybuy gbpjpysignal gbpjpyanalysis gbpjpyidea gbpjpysetup gbpjpyforecast
Price has rejected a major level of resistance from a higher timeframe and is completing a bearish engulfing pattern on the H8 chart. At the bottom of this setup, we have a strong support level, where I anticipate a bounce.
Trade closed: target reached:
Taken TP4 profits @ 141.675
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