GBPJPY Long/Buy Idea

British Pound/Japanese Yen FX:GBPJPY

TheSignalyst

GBPJPY Long/Buy Idea

waiting for a momentum candle close above 130.0 to buy this one

Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Trendline (in blue)
3- Rejection/Support zone from Daily (125.0)
4- Head and Shoulders forming (in orange)

Waiting for a momentum break upward above the neckline (in purple) above 130.0 to buy

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