British Pound / Japanese Yen
Long
Updated

GBPJPY - Potential Buy

73
Expectation
We are looking for the next rally up to the 139.000 level.
Obstacles
We can see a resistance (sellers territory) between 135.305 and 134.303 zone.
Plan A & B
  • A - Go with the expectation with a take profit at sellers territory and let the rest run.
  • B- We can see price going down to 124.029 level from sellers territory.


Be One
Lorenzo J. Tarati
Note
4hour - looking to complete the wave y
snapshot
Note
1hour - Impulse - correction and the expected impulse to complete wave y is clear.
snapshot

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.