koralesky

GBPJPY - Is it the end of downtrend?

FX:GBPJPY   British Pound / Japanese Yen
As we can see, the price did bounce from ascending long term trend line , and round 145.00 level. Also those 4hr candles got pretty long wicks, that might suggesting of trend changing. If the scenario will continue, we should see some bigger bullish moves, and if that happens, we should aim for target zones mentioned on the chart, as a blue color.
Trade closed manually

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