russelldaily
Long

Weekly fib and entry above previous weekly high

FX:GBPJPY   British Pound / Japanese Yen
129 0 1
This trade was taken after the close above of the previous weekly high. My T1 is the 1.27 of the last down leg and a triple top, with T2 the 1.618 extension of the last down leg. I may be in this trade for awhile but the profit potential is huge. Stops will of course be brought to break even at or close to T1.
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