GBPJPY to the 50% test 🦐

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GBPJPY on the 4h chart has tested the 172 level at a previous historical high.
The price is now retracing to the weekly support at the 50% Fibonacci level.

Being the trend totally bullish we will wait for the new inversion to look for a nice long order according to the Plancton's strategy rules.

٣ مايو ٢٠٢٣

ملاحظة

moving to the support area

٥ مايو ٢٠٢٣

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testing the expected area

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perfect bounce over the 50% support

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new test of the 0.618 fibonacci

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140 pips since the last update

١٧ مايو ٢٠٢٣

ملاحظة

possible new break ahead