captain_smollett
Long

GBPJPY. Bullish ABCD pattern completed

FX:GBPJPY   British Pound/Japanese Yen
GBPJPY             pair shows an ABCD pattern has been completed and should eventually start a short term bullish run.

Will long by market
SL: 120
TP1: 131.83
TP2: 136.18
Comment: Looks like we are approaching the Fork Line and tiny shorts can be tried from 128.40 approximately. SL: above local highs at 129.15
Comment: Price being rejected by the Fork line. For now...
Comment: Looks like a 7th of October dip was the lowest value for now. Potential TP1 almost hit...
Trade closed: target reached: ABCD pattern targets reached. Let´s see what it going to do now
snapshot


Possible Three-Drives pattern forming?
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