Hi guys!
I have a long term great opportunity to invest in GBPJPY, basically the analysis are from the weekly chart and I was testing it for a few days, and now I'm going to introduce here.
The pair (GBPJPY) got a pattern known as Bottom Reversal Pattern, formed in weekly chart, you can see the formation detail in below snapshot. Last week pair has managed to break the Resistance Line in weekly chart, and the current week pair is having a great up trend movement above the Resistance which now act as Support as well.
The depth of the pattern is almost 4500 PIPs, and our Target Take Profit level is 3000 Green Pips :). Yes I know its a huge one.
You can go for long all the detail i have mentioned on the snapshot, about target level and stop loss, we are already in profit about 300 Pips.
I have a long term great opportunity to invest in GBPJPY, basically the analysis are from the weekly chart and I was testing it for a few days, and now I'm going to introduce here.
The pair (GBPJPY) got a pattern known as Bottom Reversal Pattern, formed in weekly chart, you can see the formation detail in below snapshot. Last week pair has managed to break the Resistance Line in weekly chart, and the current week pair is having a great up trend movement above the Resistance which now act as Support as well.
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| GBPJPY Chart |
You can go for long all the detail i have mentioned on the snapshot, about target level and stop loss, we are already in profit about 300 Pips.
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