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GBPJPY is bouncing off 1st support where the horizontal swing low ,61.8% fib retracement and 78.6% fib extension are. MACD is also showing signs of bullishness.
Reason for Entry:
horizontal swing low ,61.8% fib retracement and 78.6% fib extension are
Take Profit: 137.374
Reason for Take Profit:
horizontal swing high
Stop Loss: 135.122
Reason for Stop Loss:
horizontal swing low
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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