GBPJPY 4H CORRECTIVE STRUCTURE BREAKOUT

Long

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

GBPJPY LONG h4 correctivestructure Fibonacci

gbpjpy long h4 correctivestructure fibonacci

GBPJPY was in a corrective structure before 22th Jan. It experiences a breakout at 167.90, and change its long term downtrend. Now it has passed 23.6% of Fibonacci (from 163.98 to 184.97)

Buy at 172.04
SL 164.02
TP1 177.04
TP2 180.11

Trade active

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