davidarwen

GBPJPY 1H, ABCD pattern

Long
davidarwen Updated   
FX:GBPJPY   British Pound / Japanese Yen
1
GBPJPY 1H, possible long... uptrend, ABCD pattern (blue) in C-D leg of a bigger ABCD pattern (yellow)... both line up with the 1.618 Fib extention and also previous structure.. can wait first retracement because RSI and Stoch show right now overbought. if no break out the channel can make nice pips here.
Comment:
stop reach

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