gbp/jpy market setup
As clearly mentioned price is respecting our 61.8% retracement region, we could expect potential downside pressures into previous spiked lows.
risk/reward ratio is 1:1.5
risk/reward ratio is 1:1.5
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.