GBPJPY ready to uptrend
GBPJPY has formed double bottom reversal chart pattern and now is forming a falling wedge pattern in order to continue uptrend.
Trading position will be Long, with SL below the previous swing low.
TP 1 : 131.50
Trading position will be Long, with SL below the previous swing low.
TP 1 : 131.50
Note
Stop loss at 128.00Reverse to Sell at 128.00
TP possible 124.2
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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.