Mahdishoghli

GBPJPY analysis in 4H timeframe

Mahdishoghli Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
The price is expected to continue to correct and according to Fibonacci levels from 142.23 to 141.15 can move up again and touch the target of 145.00. !
The stop loss limit of this position can be 140.40 !
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Note: It is suggested to divide your purchase volume and enter the deal as a step by step from the price of 142.23 to 141.15 !!
Comment:
That was interesting
Right after I wrote the analysis, the price went up to 144.

Scenario 2: If the price reaches 144.60, can enter the sell position
With a stop loss limit of 145.50 and a take profit target of 142.30

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