Huraian
⋅ GBPJPY Daily Chart
- Looking to go long if price stalls near 61.8 (PRZ)
- Monthly key level (140.000)
- Weekly TL confluence
- 600 Pips from C to D
Second Scenario - Bullish ABCD
AB: completed
BC: completed
CD: Valid if price breaks past 140.000
D leg should terminate around 132.500
Have a great weekend!