Long Idea

Hello all, I am looking to go long on GBP/JPY this coming trading week or possibly the next. Weekly is about to hit .236 Fib and I am looking for a bounce up. The daily down trend Fib shows to be aligned with the weekly down trend fib thus making the daily hit 0. If all goes planned, I am looking for a possible 600 plus PIP win.

Buy @139.45 to 139.65, look for price action

TP 1 @143.30
TP 2 @145.62
TP 3 @147.35

SL @138.40

Remember to keep an eye out on DXY, the news and please use Risk Management and like always good luck. Remember this is my opinion and is only an idea, Thank you all!
Chart PatternsTrend Analysis

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