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JasonFosterII

GBPJPY May 11th Analysis pt 2

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
JasonFosterII Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Bullish Flag pattern. Sign of continuation to upside. Rejected supply and demand zone and 23.6 on Fib. Looking for price to reach next 4H level as TP 1- 154.250. TP 2 is at next Daily level of 154.370. TP 3 is at Fib level of 154.500 area.
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Comment:
Judging how tight the band squeeze is on the 15 min and this impulsive move price may continue to 155. Pay attention to how it reacts around the key levels mentioned. It may break through very strong and swiftly.

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