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HashamARehman

GBPJPY has rejected support area with tailed pin bar

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Brittiska pund/Japanska yen (FX:GBPJPY)  
HashamARehman Uppdaterad   
FX:GBPJPY   Brittiska pund/Japanska yen
Trend Analysis Support and Resistance Candlestick Analysis GBPJPY priceaction pat
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trendanalysis supportandresistance candlestick gbpjpy priceaction pat
As we can see this market is in Bullish trend and now market has been pulled back towards its support areas which is nearly at 148.51 and 147.75 with obvious long tailed pin bar. This trade setup has good confluence factor such as trend, 50 ema, horizontal level and pin bar signal itself. We will be buying this market, let's see how this market unfolds from here. good trading!
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