JPYGBP
GBP/JPY : PRICE ACTION DAILY TMF - PRICE IS FALLING ! 🔔🔔🔔Welcome back Traders, Investors, and Community!
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Strategy : BUTTERFLY PATTERN + ABCD PATTERN
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GBP/JPY : PRICE ACTION DAILY TMF - PRICE READY TO FALL ! 🔔🔔🔔Welcome back Traders, Investors, and Community!
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Strategy : BEARISH ABCD
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GBPJPY : PRICE ACTION D1 TIMEFRAME - PRICE WILL FALL ! 🔔Hello Everyone, I hope you'll Appreciate our Advanced Analysis on Price Action !
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JPYGBP sinking.Moving on with the Japanese Yen pairs. GBP looking to drop more fractally. No pivots fractall, drawing another zigzag or what is a C Wave of a larger fractal. I have outlined Fibonacci goals in purple, invalidation is in red if shown. This is a hobby to share my ideas with you, so do not take anything I ever say for financial advice. I suggest you learn Elliot Waves and TA by yourself. In my experience Elliott Waves in combination with Fibonacci Retracements/Projections/Time and a momentum indicator of some kind gives results I am ultimately extremely happy with.
Bullish Divergence(H4) + Continuation Patter(W) - 1-5% TargetI'm bullish for reasons:
1. Continuation Pattern in Weekly
-- HL Price, LL RSI
2. RSI above 50 on Weekly and holds as support
3. Price bounced 0.382 RED Fib
4. Doji in 4H with BullDiv
Buy: @ RED Fib Levels
TP: @ BLUE Fib Level and YELLOW (in case it forms H&S)
SL: Below 0.618 RED Fib
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