GBPJPY Potential Long Position

2 thg 5, 2018

GBPJPY has given us a nice Gartley formation. If you're aggressive, you could enter now. Personally I either;
1. Would like to see a reversal on a lower timeframe to confirm entry
OR
2. Would like to see price action push down into the yellow target zone, and then give us a reversal.

I will most likely look to take all my profit at the 38.2 @ 150.707 If we close around that area. If we power on through, I may let it run to .618.

SL @ 147.806