market structure is bullish but how?
with the price reaching the fibo 0.618 level for the 4th time, leaving behind a head and shoulders formation. last signal for this trade is
EMA21=1.225. At that price level you can expect a morning star to enter at 1h chart cause stoch rsi need a correction to go on.
Exit trading before 16:30 on January 26. cy.
Note that if you track the trend and saw the bullish candle with volume you can expect TP3 or use GBPJPY as a ratio
TP1-1.263
TP2-1.301
TP3-1.377
with the price reaching the fibo 0.618 level for the 4th time, leaving behind a head and shoulders formation. last signal for this trade is
EMA21=1.225. At that price level you can expect a morning star to enter at 1h chart cause stoch rsi need a correction to go on.
Exit trading before 16:30 on January 26. cy.
Note that if you track the trend and saw the bullish candle with volume you can expect TP3 or use GBPJPY as a ratio
TP1-1.263
TP2-1.301
TP3-1.377