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British Pound / Japanese Yen
Long

Double bottom GBPJPY 4 hour timeframe

198
Price has tested the lows on the GBPJPY. Its put in a double bottom at structure with the RSI oversold. It offers a reasonable risk to reward at 1-1.6

Stops are tucked just below the previous spike down looking left
Gary_Nomad
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Chart PatternsforexanalysisforexsignalforexsignalsforextradingGBPJPYTrend Analysis

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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.
Chart PatternsforexanalysisforexsignalforexsignalsforextradingGBPJPYTrend Analysis
Gary_Nomad
Also on:

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.