(Get Big Pips) JPY
GJ is forever bae. I took entries around 160.850 based off the 1h fibs which showed a 38.2 pullback(100% retrace set around 159.500). A double bottom appeared while holding support and creating another HL. Though resistance was held strong around 161.050 showing an invalid ascending triangle :) An engulfing created before bulls pushed another leg out had some wick to it but the next candle closed as a "spaceship" candlestick and I was sold...or bought in this case. TP 1 set around 161.50-60. TP set around 162.00-20 zone. Happy Trading!
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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.