GBP/JPY, LONG (COMBINATION OF SUPPLY DEMAND & HARMONIC) - FHR

SUPPLY & DEMAND,

- 'HIDDEN DEMAND BASE HAS BALANCED (SUPPLY = DEMAND). BUT;
- SUPPLY > DEMAND, PRICE DROP
- WHEN THE MARKET REACH DEMAND ZONE (SUPPLY = DEMAND), AND IT SHALL CREATE;
- NEW DEMAND, ZERO SUPPLY, PRICE HIKED.


HARMONIC PATTERN, CYPHER

- THE CHART MUST COMPLY ALL 3 OF THE GARTLEY PATTERN RULE; WHICH ARE
XA : 61.8%
AB : 38.2 - 88.6%
XA : 78.6

SUMMARY,

SINCE THE FINDING OF BOTH PATTERN IS ALMOST ALIGN, WE SHALL ENTER LONG @ 137.142 WITH 135.320 SL.