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JasonFosterII

GBPJPY 4H Support (Swing Trade Setup)

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
JasonFosterII  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
Expecting price to bottom out at daily support level 152.200 - 152.500. Price rejected -23.6% weekly fib level and and test the top of Fib 0.00% (see link idea). Correlates with 4H Bollinger Band Support. There is a massive "W" forming on Monthly chart. Weekly 200 Bollinger Band has squeezed. Looking for breakout to upside the rest of this year. Major buy setups coming soon.

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