I was asked for a GBPJPY chart by a TGH viewer, so here is what I see!
Hopefully, we could see a nice entry as price retested the fib channel support near 131, the green box on the chart there.
Stop loss is clearly defined as falling below 100% there negates the validity of the impulse wave I have selected with the fib retracement tool.
Good luck Traders!
More clear overall look:
Hopefully, we could see a nice entry as price retested the fib channel support near 131, the green box on the chart there.
Stop loss is clearly defined as falling below 100% there negates the validity of the impulse wave I have selected with the fib retracement tool.
Good luck Traders!
More clear overall look: