stibo

GBPJPY LONG SETUP

Long
OANDA:GBPJPY   British Pound / Japanese Yen
Since price is just chillin around the 0.618 fib level i'm looking for a long position tomorrow.

Several Confirmations for a Buy:
  • Possible Head & Shoulders on H1.
  • Fib 0.618
  • Start of Wave 3
  • Demand right below
  • Wave 1 & 2 can be split into smaller impulse pattern
  • Price is slowing down
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