GBPJPY longs 17Aug2022

1. GBPJPY has broken its previous daily high, indicating large bullish pressure!
2. Entered longs once the pre London price closed above my marked resistance at 162.600.
3. Entered longs during London Open when the 1hr candle formed lower wick to grab liquidity.
4. SL was placed below the previous low of 1hr candle.
5. Target the next 1hr resistance (163.471).
Beyond Technical AnalysisChart PatternsGBPJPYgbpjpylongsupportandresistancezonesTrend Analysis

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