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GBPJPY bullish reversal
British Pound / Japanese Yen
Long
GBPJPY bullish reversal
By chike00
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Aug 26, 2017
5
Aug 26, 2017
This is a bit of a backtrack from my previous GBPJPY prediction, but I have now noticed a few things.
Trend break,
Rebounded off resistance,
Moving average crossover imminent,
Bollinger band moving outwards showing market getting louder
Be careful of a retest though.
I'm going to wait for a strong bullish candle before I definitely go in, or I'll just wait for a retest and then go in.
Thoughts?
Fibonacci
Support and Resistance
Trend Analysis
Trend Line Break
chike00
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