Initially i am looking to buy a bounce off the 50% up to Right shoulder resistance and possibly 147 if we get a break above prior Resistance. this would squeeze alot of the weak shorts out
another possible scenario is that GBPJPY retraces to the shoulder level and rejects off the low volume node around sub 130
if my initial long gets stopped i will be watching and waiting for a good buy signal price action around 130
targets again would be right shoulder resistance, head resistance and possibly 147