GBPJPY, 1-hour Re-Accumulation. Long

British Pound/Japanese YenFXCM

Description

⋅ Jan 12, 2022 3:25 AM

Continuing the rally price seem like it reaccumulated. We also have a spring + the breakout. I like to place the Fibo on the breakout bar and wait for a retest at a liquidity base area.

Trade closed manually

⋅ Jan 12, 2022 3:43 PM

I updated this chart, please see new pattern idea

Trend Analysis Chart Patterns