Ciba

Engulfing Candle? Waiting for Confirmation

Long
FX:GBPJPY   British Pound / Japanese Yen
1
So when things get dicey and confusing, I have to wake up and expand out the time frame.

TP STOP was taken out over night. Seems like an engulfing candle to me on the 4H. I would like price to break 61.8% of last rise. Data coming out tonight and tomorrow (JPY statement, GBP manufacturing, and USD JOLTS).

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