SantiagoCondor7

SantiagoCondor7

harmonic pattern short trend break respects the fibonacci green zone major target 1 to 2

SantiagoCondor7

SELL

SantiagoCondor7

Today we analyze GBPJPY observing BAT pattern confluence at 88.6% fibonacci of XA, price below EMA MACD divergence we project targets as it appears and waiting for pullback

SantiagoCondor7

wave flat

SantiagoCondor7

Target butterfly pattern with fibonacci parameters

SantiagoCondor7

inbalance target mitigation zone

SantiagoCondor7

we are in a price mitigation zone, very close to the EMA 200 and an orange zone of institutional movement, we project objectives to the next imbalance

SantiagoCondor7

first entry was at the end of wave C we mark with horizontal lines the mitigation areas, broken average trend and the price challenging the moving average

SantiagoCondor7

Institutional trading, divergence from the trend line projected objectives with the golden zone detailed explanation at @tradingwithsantiago

SantiagoCondor7

flat wave is detected and we seek to operate the C red zone in respect of the price, we project expansive fibonacci to project objectives AND BREAK OF TREND LINE