FullTimeTrader
Long

GBPJPY-nice bullish shark-expanded flat correction

FX:GBPJPY   British Pound/Japanese Yen
2298 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:
snapshot

From the EW perspective we have an expanded flat correction

snapshot

Regards.
Comment: first and second target hit
Hi Mr. FullTimeTrader,
This setup seems to be in play - an engulfing bull candle closed after the bouncing off the trendline.
Reply
Hello, im already in, as always i want first target to be hit and move SL to BE. Regards.
+1 Reply
Excellent as always! Keep em coming!
Reply
Seems to have shrugged off the weak GDP figure which is a good sign
Reply
What is your view on it right now?
Reply
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............
Reply
You aggressive you...well done :D
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out