GBPJPY BUY AND HOLD
August 2009 we had price make a significant lower high in the market since the trend was bearish, price failed to make a new low and Aug 09s high was cleared in November 2013
this break shifted the market into Bullish territory giving us new highs at 195.885
the market traded lower into May 2012 OBs (orderblocks) and started ranging in an accumulation phase which lasted 6years+
Today GBPJPY breaks out of the TR with high bullish impulsve strength and is targetting 195.885 levels
we are in a monthly bullish market
target 195.885 (2500+ pips)
what we need is the market to give us a nice weekly pullback before we can execute any orders yet !!!
this break shifted the market into Bullish territory giving us new highs at 195.885
the market traded lower into May 2012 OBs (orderblocks) and started ranging in an accumulation phase which lasted 6years+
Today GBPJPY breaks out of the TR with high bullish impulsve strength and is targetting 195.885 levels
we are in a monthly bullish market
target 195.885 (2500+ pips)
what we need is the market to give us a nice weekly pullback before we can execute any orders yet !!!
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