GBPJPY Bullish Divergence

MACD and RSI formed bullish divergence. It's a reversal signal and we can think about opening long trades. Entry level is above 128.35 and stop orders must be below the support level. Profit target is Moving Average with period 100. DMI shows down movement. If you are looking for a better signal, you should wait for ADX falling.

The trading idea is based on Whale Trading Strategy. If you want to learn more about this strategy, please send me a message. I will provide you more information.

Trade closed: target reached