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VladimirRibakov

GBPJPY Buy Idea

Short
British Pound / Japanese Yen (FX:GBPJPY)  
VladimirRibakov  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis GBPJPY buy Bullish Patterns Triangle criticalzone Bullish Divergence
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trendanalysis gbpjpy buy bullish triangle criticalzone bullishdivergence
H4 - Price has reached the bottom of the triangle.

If we didn’t get a valid breakout here we may then expect the price to respect the bottom of the triangle again and move higher towards the top of this triangle.

H1 - Price reached a critical zone, bullish divergence.

We may now look for more evidences of bullish pressure in order to join the bulls.
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