GBPJPY 135.76 +0.54% LONG IDEA

GOOD DAY TRADERS

HERE'S AN IDEA ON THE GBPJPY PAIR , AS WE SEE VOLATILITY PICK UP IN THE PAIR THE LAST COUPLE OF DAYS LOOKING FO LONGS ON THE PAIR AS WE ARE IN AN ASCENDING CHANNEL WE ARE A VERY STRONG RESISTANCE LEVEL WHICH HAS BEEN BROKEN A COUPLE OF TIMES SO SHOULD WE BREAK AGAIN TO THE UPSIDE LOOKING FOR LONGS..

TARGET 1 - 50% FIBONACCI
TARGET 2 - 61.85 FIBONACCI

RISK MANAGEMENT
PERIOD - SWING