GBPJPY update: continuation downside into pattern completion
Updated
Hi guys,
UPDATE: The pair GBPJPY is good for a sell. Look for a sell setup into the bear impulse leg with your own tested trading strategy.
We are in a long term ABC pattern. We have a small wave retracement now, and a daily compelling bear candle. Selling breakout of minor sideway support into the D leg completion of Gartley is probably a good idea.
Very interesting setups in this pair. Like and follow for updates and instant notifications on my ideas.
Thank you for your support.
UPDATE: The pair GBPJPY is good for a sell. Look for a sell setup into the bear impulse leg with your own tested trading strategy.
We are in a long term ABC pattern. We have a small wave retracement now, and a daily compelling bear candle. Selling breakout of minor sideway support into the D leg completion of Gartley is probably a good idea.
Very interesting setups in this pair. Like and follow for updates and instant notifications on my ideas.
Thank you for your support.
Note
Nice breakdown below daily support. Look for a short trade using your tested trading strategy!Patience is key. Trade what the chart is telling you.
Note
Very nice opportunity to look for a sell signal on break of minor daily resistance. Truly a great trade down into the D leg of the Gatyley pattern where we can look for buy signals!
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