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Forex48_TradingAcademy
Aug 29, 2023 9:48 AM

GBPJPY Long structure with Entry Box! Long

British Pound / Japanese YenFOREX.com

Description

On GBP/JPY, we have a bullish structure forming after the market experienced a pullback in the H4 timeframe. In fact, I highlighted a bullish candlestick pattern following the market retracement. In that zone, I will go and search for a structural change on the M15/H1 timeframe to confirm my long-term view. Subsequently, I will enter the market with the target set at the first swing high at the level of 187Y. My stop loss will be positioned 5 pips below the lower side of the mentioned zone. Please leave a like and comment in support of our work. Regards, Nicola, CEO of Forex48 Trading Academy.
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