G'day Guys
Here our GBPJPY projection.
Current situations, this price entering the Critical Level which is Minor Demand Zone. This zone might become continuation of price to fall, yet the this level consider strong level to break.
Based on the big time-frame, corrections need to be done if this pair continue higher.
My decision on this pair more likely, wait for the price to create price action pattern which confirmation of the directions.
Let's see what happen with this pair.
Thanks
Here our GBPJPY projection.
Current situations, this price entering the Critical Level which is Minor Demand Zone. This zone might become continuation of price to fall, yet the this level consider strong level to break.
Based on the big time-frame, corrections need to be done if this pair continue higher.
My decision on this pair more likely, wait for the price to create price action pattern which confirmation of the directions.
Let's see what happen with this pair.
Thanks
Note
Projection Still Valid and on progress to complete
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.