MacDannie01

Potential Buy on GBPJPY

Long
OANDA:GBPJPY   British Pound / Japanese Yen
What we have here a possible buy trade
We hade a small downtrend that acted as a retracement on the higher timeframes, pulling price back to the demand zone it shot from aggressively
Now price has shot out of the downtrending movement, came back retested the zone to collect more bullish momentum, looking for a shoot to the upside
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.