Long GBPJPY on wave 5 on 4H

2019-11-29 02:46:46



Riding the recent impulse on GBPJPY since Sep. After a consolidating wave 5, the price is breaking the upper resistance of the range. Looking for a long trade set-up with SL just below the consolidation range.
TP at the previous support which was broken in May 2019.
Overall Risk/Reward ratio 1.2