British Pound / Japanese YenUpdated GBPJPY fishy upside
Though britain yen upside scare those who sell, but the upside seems fishy due to only single structure line use. the upside is more raging like it is telling something useful.
Or i can say, it is a fake upside, or a correction wave. the upside should atleast create and break the upside structure line in the smaller correction wave to indicate it is ready for another upside. but this one looks very fishy.
i rather say it is a preparation to another great downside of britain yen
Or i can say, it is a fake upside, or a correction wave. the upside should atleast create and break the upside structure line in the smaller correction wave to indicate it is ready for another upside. but this one looks very fishy.
i rather say it is a preparation to another great downside of britain yen
Note
the final correction (upside) is completing, we might get a peak to sell at a high point
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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.