GBPJPY 5th Wave Completion? Corto

British Pound/Japanese YenFXCM

Descripción

⋅ 28 de Sep. de 2020 11:52

I believe I read this setup wrong when I published on the 25th.

I believe there is another wave that needs to complete before price corrects.

If this is the case, I see two possible scenarios; 1. price reaching the retracement extension @ ~129.XX or price reaching the last low @ ~131.75.

What are your thoughts on this one?

Operación cerrada manualmente

⋅ 6 de Oct. de 2020 12:40

Comentarios

Khiwe

⋅ 4 de Oct. de 2020 13:46

Your trend-line from the 18 May 20 is confusing and interesting, perhaps it adds to resistance. I think you might reach 0.382 of your Fib and then go up to test the 4HR Resistance.

alaakamel

⋅ 28 de Sep. de 2020 11:55

good luck

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