Bullish sign on GBP/JPY after a HEAD & SHOULDER
The GBPJPY has formed a head and shoulders pattern and by using a professionals tool 'pitch fork', price will retest at 149.903 and that will be on its way up.
According to my analysis on the chart, there are multiple resistance on the way but the price will reach 153.5 eventually. So, in case you are looking for a signal, a free one 😀, BUY at 149.10, TAKE PROFIT at 151.4, 152.5, 153.3 and STOP LOSS at 148.5(to make sure you position is safe) but choose one of your own if that's too big for you!
According to my analysis on the chart, there are multiple resistance on the way but the price will reach 153.5 eventually. So, in case you are looking for a signal, a free one 😀, BUY at 149.10, TAKE PROFIT at 151.4, 152.5, 153.3 and STOP LOSS at 148.5(to make sure you position is safe) but choose one of your own if that's too big for you!