Hello all Trader
We want to share a long term look on GBP/JPY
I want to add a photo from MT4 for this purpose but I don't know why I can't load it to this place
then i force to explain it with digits and times
if we plot fibonacci retracement between
2007.06.29 23:00 251.105
2008.12.31 00:00 118.796
we have 50% fibonacci= 185 and 61.8% fibonacci=200.6
and the Trend is up
I think the best price for go long is around 185 to 187
and first target is psychological number 190
then 195
and finally we reach 200
that is a great deal and great proft
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