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nikdobii
Feb 21, 2024 6:06 PM

GBPJPY - GJ 1hr Long

British Pound/Japanese YenFXCM

Description

Simple trading - 2 NEW BULLISH PATTERNS

The buy is active! The long wait may be over. I am looking to gain a 200+pip Long on GBPJPY.

BULLISH CONFIRMATIONS
1. Daily Cup and Handle (see previous charts)
2. 1hr Heads and shoulder
3. Fibb 3.82 rejection
4. Triangle break out

*I would usually wait for a solid break and retest. However with a simple setup like this. We will trade aggressively to maximize profit.

Lowest entry: 189.249


Comments
TheFxAce
You make a compelling argument for why now is the time to buy.
nikdobii
@TheFxAce, i hope you secured your profits :)
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