GBPJPY H1 LONG PRICE ACTION FORECAST

Price action in a bullish trend forming HH&HL, in a correction at the moment, is heading towards the ascending trendline, matching the entry for a long play at the golden FIB level 618.

Price uptrend momentum could reach the resistance level from a previous H&S pattern from last month, exactly where the T/P level will be placed.

The order:
Type: buy-limit
S/L: 56 pips - R:R | 1:2.5 -
T/P: next resistance level

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