GBPJPY Long Trade *FIBONACCI SUPPORT LEVEL*

GBPJPY has reached a daily/4hr support at the Fib 0.618 retracement level. We have multiple bullish wick rejection candles closed at this level and it is looking good for a new push to the upside.

Profit Target is at the Fib 27% extension and then previous highs at 148.500

Stop Loss I have placed below the wick rejection of the 0.618 fib level

Trade ist aktiv

Kommentar:

Bullish momentum now entering the market :)