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Wilp

GBPJPY ready to uptrend

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
Wilp Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Chart Patterns Trend Analysis Harmonic Patterns
2
0
chartpattern trendanalysis harmonicpatterns
GBPJPY has formed double bottom reversal chart pattern and now is forming a falling wedge pattern in order to continue uptrend.
Trading position will be Long, with SL below the previous swing low.
TP 1 : 131.50
Comment:
Stop loss at 128.00
Reverse to Sell at 128.00
TP possible 124.2
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