MiguelAcosta

GBPJPY - Waiting for a retracement to go long

Long
FX:GBPJPY   British Pound / Japanese Yen
5
Hi, this is my first post so I hope you like it.

The GBPJPY has been in an uptrend for a while and recently it has achieved a swing high at 140.342. So, I will be waiting for a retracement to the 138.800 (50% of the Fibonacci level) to enter long with SL: 138.000 and TP1: 140.300 and TP2: 141.200.

Miguel

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.