GBPJPY long idea for the short term

hi all this is my weekly analysis for this pair i believe we are headed for that zone. and then from there we will need a new analysis. im using fib extensnion levels for tp area and previous fib levels for the entry along with pivot support for entry and anticipating this to be a swing low giving us a spot for the red trendline. that is not a for sure spot yet just speculation.

good luck. and follow me to receive more up to date analysis

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Trade active

I am adding to this position as we are now seeing a bullish divergence on the daily chart a huge rally to come and may break the zone I listed

Trade closed manually

target was not reached but we are out for now. we made 250 or so pips on this trade

JohnnyFBrensinger

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