GBP/JPY - READY FOR A BULLISH RUN ??
If there is a clear break above 141.300 (daily level), then we can see this pair flying up to April high's around the 147.000 level.
Weekly time frame is showing a Head and Shoulder formation.
SL: 139.000 (below monthly level)
TP1: 143.800 (+300 PIPS)
TP2 (upon breaking above TP 1 level): 146.500 (+260 PIPS)
TP3: (upon breaking above TP 2 level) 149.000 (+240 PIPS)
TOTAL: 800+ PIPS
Weekly time frame is showing a Head and Shoulder formation.
SL: 139.000 (below monthly level)
TP1: 143.800 (+300 PIPS)
TP2 (upon breaking above TP 1 level): 146.500 (+260 PIPS)
TP3: (upon breaking above TP 2 level) 149.000 (+240 PIPS)
TOTAL: 800+ PIPS
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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.