Hizmaylof

Bulls are getting ready on GBPJPY.

Long
FX:GBPJPY   British Pound / Japanese Yen
The description of the idea speaks for itself. Mainly calculated using Fib projections.
From the week of the 02/10/2016, the instrument started to reverse trends and entered a bull market. there happened a retracement to 38.2% Fib and the projection to that is the largest target. Now, recently, the pair made swing long and retraced. currently, at 38.2% fib but could continue down to 50%. There will be the best level to buy for bulls like me. I am carefully watching that and still be posted. The second option is to wait until triangle breaks on the upside to enter long still with the same targets.

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