GBPJPY - BULLISH - H4 Chart - Retrace Then Push to 147.3 #Forex

GBPJPY - BULLISH - H4 Chart - Retrace Then Push to 147.3 #Forex

So with the recent bullish action on the H4 TF with a HH forming I have to go with the current trend.

I see an interesting thing that has formed...

Randomly, I placed my fibs where price currently is from Point A @ 141.1 & Point B @ 146.

When Placed I have seen many things...

Future Point C would be at 144.1 a Parked H4 Key Level also the last place price has found a level of Support.
- For me likely to be where price will draw down then start the true continuation to form a new HH.

Also, with placing my fibs here we see Pending Point D - TP #1 - 147.3
- In Confluence w/ our Daily's TF Fibs (-27%)

& Pending Point E (-61.8%) - TP #2 - 149
- In Confluence w/ a H4 Key Level