Hello My Friends . Its My first published idea in TradingView . My analysis based on harmonic Pattern ( AB = CD ) and Trend line patterning + support and resistance lines and fundamental about Jpy and GBP
Let me clue you in 1 . we Have two down Trend line From monthly And Weekly Time Frame that they are not going to be touched in at least +200 pip 2 . Right now we are facing with a Power Full support line 3 . if u use Fibonacci retracement u will see they reached to 50% of Fibonacci retracement that means its Time to go UP : at least 1.61 retracement wave 4 . we are facing with a harmonic pattern ( AB=CD ) 5 . ...
I am going Long in gbPJpy what Do u think my friends
just to mention that I am only 20 years Old and 3 month of Trading xD good Luck and have Fun
u Can easily contact me if u have any question comment Here GBPJPYGBPJPY
Trade closed: target reached
target reached
Trade active
now we can have a sell position at the end of AB=CD pattern and target is 135.40
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.