GBPJPY Moving accordingly Breaks up may form Flat ABC
I am expecting D wave in the triangle. Once price will hit my D wave then i will look for E wave and will watch for price action. Either we will break through or hold D wave and will reverse for E wave.
Note
Holding top at C wave watching price action for D wave. If price breakdown the short term bullish trend line then it may confirm downtrend continuation of bearish trend here is the https://update.https://www.tradingview.com/x/6GXIATKl/Note
If price come close to bearish trend line with corrective pattern sell breakdown Note
Note
I am still bearish on this pair.
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For Training visit.
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Related publications
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.