TomFX13
Long

LONG and swing for potential 900 pips profit

FX:GBPJPY   British Pound/Japanese Yen
159 0 3
#Weekly chart clearly shows bull is in control as the wave formation is forming higher highs & a accending parallel channel pattern is in play

#Price is testing fib 76.4% retracement near uptrend line

However, the previous weekly candle close was bearish .

Trade idea - Wait for a bullish daily candle and go long with stop at the nearest support
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