Buy setup for GBPJPY

٢٩ يوليو ٢٠٢١

GBYJPY made a new higher high. You can look at H4 TIMEFRAME. From my analysis, this is a buy setup. To make my decision more stronger, i have used FIBO RETRACEMENT TOOL to determine where is the most low risk entry that i could place my position. As for my RISK/REWARD RATIO, 1:2.