GBPJPY Buy Limit

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Bullish engulfing candle at daily support zone. Candle also formed off 61.8 retracement to continue its upward movement. Trend is bullish on the daily timeframe. Buy limit placed a 50% candle retracement.
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Price never reached buy limit and started its movement upward.
Candlestick AnalysisMultiple Time Frame AnalysisSupport and Resistance

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