ForeverNewbie

GBPJPY back in the wedge + bull

Long
FX:GBPJPY   British Pound / Japanese Yen
On the D1 there is a nice wedge. For a while the price has dropped off the wedge and with today's sprint it is getting back in (or it is already in depending where exactly your trend lines are). The bull will continue until it hits the top of the wedge (or near). My TP is 155.800 (let's not be greedy, if 700pips are ok then so are 650.

RSI seems to support this, I see that there is a lot of push.
Stoch (not here) also crossed at 10 and is rising.
On my MACD the signal is about to escape the main.
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.