GBP/JPY - Ichimoku Buy Trade Setup
This is the same setup I was watching last week, but it never fully developed. I'm looking for the same breakout up above the flat kumo cloud. This move up, if it happens, will end up being confirmed by a bullish TK cross as well. If we can get the cross along with the breakout, I will be entering a buy at the entry I have set. If we fail to get the breakout through the flat kumo, or we fail to get the TK cross, this setup may become invalidated or require us to wait a little bit longer.
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