GBPJPY Bullish
Here we have a more textbook display of the HL point being made on the HTF. We see LLs and LHs being made and held on the 4H. We see the break on the 1H, along with a HL point made and retested multiple time, LTF. We see a counter trendline break and we also see exhaustion along support zones and a seemingly reliable trendline. All the while we are still at Monthly resistance and Weekly support with Daily to 1H showing strong bullish momentum.
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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.