GBPJPY Market Outlook: May 9th 2022
The market showing the end of 3rd wave and have a great chance to hikes in intraday timeframe as the 4th wave movement.
So, my best scenario would be:
Buy on weakness at 161.55
1st target 161.96
Ideal target 162.33
Put stop loss slightly below the red line (161.19)
Trade geschlossen: Ziel wurde erreicht:
Target 1 reached