BisayaTrading

Bullish Divergence(H4) + Continuation Patter(W) - 1-5% Target

Long
FX_IDC:JPYGBP   JAPANESE YEN / BRITISH POUND
I'm bullish for reasons:

1. Continuation Pattern in Weekly
-- HL Price, LL RSI
2. RSI above 50 on Weekly and holds as support
3. Price bounced 0.382 RED Fib
4. Doji in 4H with BullDiv

Buy: @ RED Fib Levels
TP: @ BLUE Fib Level and YELLOW (in case it forms H&S)
SL: Below 0.618 RED Fib

Disclaimer: I am not qualified to offer investment, legal, or any other advice nor am I trying to do so.
All my posts are my own opinion and any decisions, investments, or risks you take as a result of following
my posts are your own responsibility.

I cannot be held responsible for any decisions you make as a result of following my posts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.