British Pound / Japanese YenUpdated GbpJpy long, wave analysis
GbpJpy ready for a push up
This is leg C of a ABC correction
wave C will have 5 sub-waves as it pushes up to finish the correction
I've labeled sub-waves 1 and 2 in black
3 more waves to go on this push up
already getting candle confirmation on 15 minute chart
follow arrow up to the green line TP about 144.200 (over 80 pips)
This is leg C of a ABC correction
wave C will have 5 sub-waves as it pushes up to finish the correction
I've labeled sub-waves 1 and 2 in black
3 more waves to go on this push up
already getting candle confirmation on 15 minute chart
follow arrow up to the green line TP about 144.200 (over 80 pips)
Note
Wave C is complete. It wicked up to 144.100 and fell short of my take profit by 10 pips. Still a solid 70 pip move
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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.