FxArena

Now it's the time to take the entry

Long
FxArena Updated   
FX:GBPJPY   British Pound / Japanese Yen
Now it's the time to take the entry from this level. market has come to the same area again as retest.
Comment:
according to the current market analysis GBPJPY might be up this level. by comparing 5 minutes and 15 minutes time frames we can see still the market is in buyers area and when we switch into 5 minutes time frame the support line broke through couple of times but it came back to the buyers area again which means those are all fakeouts. so this means probably market buyers are still in control
take a look at the below 5 minutes picture

Comment:
The market is moving quite fast now. just be watch out those who took the entry.
Trade closed: target reached:
Market comets to the exact expected area right now
Comment:

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