A possible swing on GBPJPY

13 мая 2018 г.

Hi guys,

I want to share my vision of GBPJPY.

Here i see a really nice swing opportunity,

As you can see the pair is currently on a triangle pattern, price is now at the support zone.

I counted an full impulsive and corrective elliot waves, there is also a two daily trendline cross which i think it would be very difficult to break (only by fundamentals), the price is currently below the ema200 which i think the price will break it easily.

I personally think the price will touch the descending support, later making a retest on the 38 level of Fib and finally making a rally to 155 level.

Trade Safe!

Greetings,

D. Sayan

2 июн. 2018 г.

Сделка закрыта вручную

GBP still weak