Long term swing on GBPJPY

١٦ مايو ٢٠٢١

The GBPJPY breaked the upper line of a descending triangle on the weekly fram, then created a bearish Harmonic battern on the same fram. The 61.8% of this harmonic battern is around 141, which a suitable location for a pull back on the triangle battern.
Should this scenario happen, this would be a great area for buying for long term swing with a target of 165.