lobfxempire

GJ TO 140.25 AFTER MINOR PULLBACK...

Long
lobfxempire Updated   
FX:GBPJPY   British Pound / Japanese Yen
[b]Whats Up Traders!

I just got done analyzing GJ for the week. I think a strong upsurge to 140 is definitely possible. Due to the fact we didn't completely fill the gap, and we're creating significant higher lows. Obviously there are more confluences, but those are the top 2 for me. Price has recently broke under a 1HR key level, and we're currently waiting on the retracement and what comes after. I predict an overall A to B rise to the -27% Fib Level. We could have strong resistance while we're still in the 138 price range. So, I'm going to wait until I see a solid bounce from around 138.25 if it does decide to crumble a little.

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Thank You!

-Mr.Pipzz
Trade closed: target reached:
All targets reached! Another successful trade in the books
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