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mightybullcapital
Oct 5, 2022 7:34 AM

GBPJPY 5/10/2022 Long

BRITISH POUND / JAPANESE YENICE

Description

Price retesting a major key zone on HTF at 165.072 & also created a higher low & recent support at 164.297 while moving in a strong uptrendline. now if price respects the new higher low & closes above the high at 165.722, then price might continue its bullish run to the next HTF key level at 167.803.
** A breakout of the recent support at 164.297 however would invalidate the buy opportunity.
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