iTradeAIMS

GBPJPY Buy Signal - Breakout into Wave 5

Long
FX:GBPJPY   British Pound / Japanese Yen
This is what I call the famous setup.

8 hrs ahead of time you know what you are going to do at the frankfurt open..(potentially)

Now if it stays sideways within the marked boxed zone. we can then trade the Wave 5 up... towards Target Zone

Same like the EUR/GBP attached below

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