GBP/JPY [4HC] LONG IT!! ABCD Pattern.

Long

British Pound / Japanese Yen (OANDA:GBPJPY)

Updated

OANDA:GBPJPY British Pound / Japanese Yen

GBPJPY LONG AB=CD ahmedmesbah usdjpylong

gbpjpy long abcdpattern ahmedmesbah usdjpylong

GBPJPY
~Notes:
*A B C D Pattern detected on the 4HC.
*Price is hanging on a monthly support line.
*Target 1 = 60 Pips / Target 2 = +60 Pips
*FOLLOW ME FOR MORE OPPORTUNITIES!
Cheers,

Trade closed: stop reached

Comment:

the formation is quite valid. just SL needed to be set a bit lower.

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