GBPJPY 2W chart XABCD TP +2500(NEW)

29 mar 2020

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So without further due. Keep it short/simple and to the point.

GBPJPY 2W chart XABCD TP +2500(NEW)
Tagged as SHORT cause I expect mild weakness
before reversal later (near 1490/1500).

126.00-126.60 marks potential long-term
bottom for GBPJPY, however re-test of
recent lows is still on the table.

long-term, this is 2weeks/candle chart.
this is a speculative setup, so make
sure you use a tight stop loss on this trade.
also please keep in mind that this trade
will take time, i.e. don't expect miracle
overnight gains, this is buy/hold setup.

recommended strategy:
buy dips near 126.00//126.60
this is buy and hold setup, do not expect
miracle/overnight gains, also if you plan
to hold, please mind the daily swap.

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