GBPJPY ON A BUY

After market got to the H4 fib level which confluences with a support level, we saw a Head and Shoulder reversal pattern confirming the retracement on the Higher time frame was over and it was time to go bullish. The break of the Head and Shoulder neckline was a greater confirmation. Entry for a buy will be at the completion of the ongoing retest which will be at the fib retracement level and the ascending trendline. A potential 1:5RRR.