GBPJPY: Buy at the bottom

Hi traders,

On the GBPJPY I'm looking to enter long at the recent low around the 138.600 area. This area is the 261.8% Fibonacci extension of the ABA move and the 200% Fibonacci extension of the ABC move.
Entry: 138.776
Stop: 137.980
Target: 141.260 = R:RR 3.12

Good luck traders!

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