GBPJPY-nice bullish shark-expanded flat correction

FX:GBPJPY   British Pound / Japanese Yen
2300 7 35
This pair is making a nice deep retracement to a key area.

I expect a bounce from the channel and strong D1 support:

From the EW perspective we have an expanded flat correction

Comment: first and second target hit
You aggressive you...well done :D
What is your view on it right now?
FullTimeTrader OliverThomsen
Hello, we must stick to our plan. I think level 180.00 should hold. The GBPUSD is about to rally also, lets wait............
Seems to have shrugged off the weak GDP figure which is a good sign
Excellent as always! Keep em coming!
Hi Mr. FullTimeTrader,
This setup seems to be in play - an engulfing bull candle closed after the bouncing off the trendline.
Hello, im already in, as always i want first target to be hit and move SL to BE. Regards.
+1 Reply
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