GBPJPY FOREX PAIR 2H TIME FRAME DATE 7/24/2024
"I am currently monitoring GBP/JPY for potential bullish setup conditions. Based on ongoing analysis, it appears we are nearing the conclusion of a WXY correction phase, which could mark a pivotal turning point.
Pending confirmation of the WXY pattern, there is potential anticipation of new highs. I plan to enter a buy stop order as indicated in the image provided.
Presently, we are observing the development of leg Y following leg C. Confirmation of market strength has already formed, signaling a potential buying opportunity."
Pending confirmation of the WXY pattern, there is potential anticipation of new highs. I plan to enter a buy stop order as indicated in the image provided.
Presently, we are observing the development of leg Y following leg C. Confirmation of market strength has already formed, signaling a potential buying opportunity."
Order cancelled
im adjusting stop tocurrent 15m low
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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.