Looking to buy GBPJPY at the pull back
Market Looks to be in a Range since the beginning of the year. Currently at the bottom of the range
Price doubled bottomed last week. heading up to break the bearish trendline it was riding for 5 weeks. We did see price come back to test the trendline. However, because of the Queen speaking yesterday, I didn't see it worth the risk.
Best option for me was to use the fib tool and wait for the pull back. As we see stochastics is not oversold but price action is telling me that it's reversing