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Official_VIFX
Mar 15, 2022 7:52 AM

GBP/JPY - 15/03/2022 Long

British Pound/Japanese YenFXCM

Description

H4 Timeframe
Bullish momentum continuing, could the market be over-extended? Maybe. But as long as the market is presenting me bullish structure I will be looking for the buys until it tells me otherwise.

M15 Timeframe
Have a 3 tapped support here holding nicely. Not enough confirmation for me to enter this trade at the momentum but I will be looking for the continuation up to the immediate high

Plan of Action
If we can get a few more wick rejections from this support and a strong bullish momentum candle then I will be looking to enter a buy in the market

FX:GBPJPY
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