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RaynLim
Feb 25, 2024 3:20 PM

Bullish Shark Pattern Long

British Pound/Japanese YenFXCM

Description

I'm closely monitoring GBPJPY for a potential buying opportunity based on the Bullish Shark Pattern. Here are the details:

- Setup: Bullish Shark Pattern
- Completion Level: 189.06

Given the recent decline in the JPY and the resulting upward movement in JPY pairs, I'm anticipating a bullish scenario on GBPJPY.

The completion of the Bullish Shark Pattern at 189.06 is the level I'm eyeing for a buying opportunity.

Feel free to share your insights and trading plans for GBPJPY. Are you considering a long or short position?
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