TradeYodha
Long

#GBPJPY 15min Long Possible Idea

FX:GBPJPY   British Pound/Japanese Yen
@TradeYodha (TradeYodha.com)

#GBPJPY 15min Long Possible Idea

1. ABCD pattern completion
2. Fib extension
3. Daily Support Region
4. Fib Cluster

Update: It has shown various patterns on lower time frames to support the long position.
I though there was a support as well, but overall looks very bearish mid term
GBP WEAK + JPY STRONG = GBPJPY DOWN, A LOT
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yeah true
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My scenario looks very much down
GBPJPY NO SIGNS OF STRENGTH
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Thanks for your valuable comments. Yes, the overall trend on higher time is down. My trade was short term bounce up from a level
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Update: Possible Harmonic pattern will give us Target 1 with confluence with 200sma
snapshot
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Update:

Fist small pattern completed
snapshot
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arkasha TradeYodha
Very nice play, way to go !!!!
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Thanks Mate.
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Update:

1. Various Patterns to achieve target 1 and 2
2. SMAs are in target areas
3. Bigger Cypher Pattern updated

snapshot
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Update: We have bullish divergence now
snapshot
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