GBPJPY Intraday Outlook 23/04/20

Technicals : GBPJPY on the shorter market structure has shown a significant bullish strength. What I ultimately want to see is another trendline tap. Price would grab liquidity to make a Double Top before going down. Take Profit level is fibo -27% which matches previous structure high.

AOI Entry Matches :

• 3rd Trendline Tap
  61.8% Fibo Critical Level
  Minor Resistance turned Support
  

Trader's Arena FX