GBPJPY 4H – A+ Setup Using TCB Strategy, Bullish continuation

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📈 GBPJPY 4H – A+ Setup Using TCB Strategy 🔥
Bullish continuation setup unfolding with precision.

✅ Trend Phase:

Higher highs and higher lows confirm uptrend

Price bounced from ascending trendline and demand zone

EP1 already triggered on bullish rejection from key support

✅ Countertrend Phase:

Falling wedge (countertrend channel) broken to the upside

Early confirmation for continuation from breakout

✅ Breakout Phase (Pending):

Clean structure at 199.00 acting as resistance

EP2 will be activated after bullish breakout + successful retest of 199.00

Targeting major resistance around 202.000

📍 SL below demand (~197.70)
🎯 TP: 202.000
⚖️ RRR: ~1:3

🧠 Confluences:
Bullish trendline support

Demand zone reaction

Falling wedge breakout

Upcoming key level breakout (199.00)

Price action confirmation

📌 Watch closely for the breakout-retest of 199.00 before engaging EP2.
Manage risk, move SL to breakeven at 1:1.

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🗣️ Drop your comment if this setup adds value or aligns with your bias! 👇

Penafian

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