FX:GBPJPY very potential for short possition
As you can see in my previous idea. Exactly in selected PRZ wave C is started. and STD cluster for C is 1.200000 zone and first resistant for this wave is at the top of parallel Chanel FX:EURUSD
EURUSD in M time frame we can see many complete Elliot cycles, which now we are at the mid of wave no. 2. after finishing this phase i expect a big bullish wave 3 IT MEANS EURO 0.32% 0.34% WILL BE MORE POWERFUL THAN USD IN NEAR FUTURE. AND USA ECONOMIC trade WAR WILL BE HAPPEN. never miss wave 3 ** in case you find my posts interesting...
URUSD in M time frame we can see many complete Elliot cycles, which now we are at the mid of wave no. 2. after finishing this phase i expect a big bullish wave 3 IT MEANS EURO 0.34% WILL BE MORE POWERFUL THAN USD IN NEAR FUTURE. AND USA ECONOMIC trade WAR WILL BE HAPPEN. never miss wave 3 ** in case you find my posts interesting and please like it, and...
After a complete Bearish Elliot wave, GBPJPY now is spending at a retracment phase as ABC. and at the end of Wave B.
after a powerfull wave, ABC fave is finished and I see a new bearish fase is started, and we ewpect a new bearish wave no. 3