Crypto_MD

GBPJPY Perfect Risk to Reward

Long
FX:GBPJPY   Livre sterling / Yen japonais
Hello
As you can see in the chart, the price has broken a weekly resistance and now heading to the next weekly level.
There is a weekly and monthly divergence in MACD.
Fibonacci has hit 0.618 from the bottom retracement.
I'm expecting monthly, weekly and daily rise in GBPJPY.
There is a great risk to reward ratio with different targets.
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What is your opinion? Comment it below.
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Goodluck.

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