GBPJPY BULLISH Play for the Week

ที่อัปเดต:
GJ has been on a Monthly Bullish Run in my eyes, so with that in mind looking into this weeks play I expect a break to the upside into Bullish Territory once my Yellow 4hr/Daily Trendline has been broken. Before that I expect a bearish start to the week bringing price down to our Buy Limit ultimately propelling us to the upside. Once 194.500 has been broken I expect a BULLISH Rally, will set trades to BREAK EVEN at this stage of the trade. TP 1 & 2 have a potential to get hit this week (keep in mind a retracement is possible at the TP1 area) TP 3 will probably have to wait till next week but let’s get through this week 1st and see if the markets are on our side..!
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GJ did not manage to hit my buy limit but we did break thru 194.500 smashing thru the 4hr daily trend line so I believe now we are seeing the retest to that breakout and will see a major bullish Rally coming.. with all the news we might just hit TP3 this week after all.
Chart PatternsGBPJPYTechnical IndicatorsTrend Analysis

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