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jerrin98
Sep 26, 2020 9:51 PM

GBP/JPY - BUY Long

British Pound/Japanese YenFXCM

Description

Daily: Three white soldiers - a sign of bullish phase coming up
Price is at HL after a HH phase, so wait for the next impulse up, price is in a bullish trend on a daily


If price breaks the trendline and the 4hr EMA with retest I will consider buying options
Divergence

Comment



1) Price has broken above resistance and trendline, waiting for a retest before an entry
2) Wait for the ABC exhaustion phase
3) Looking for entry at 1hr Rejection

Comment

4) Price broke above 4hr EMA
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