joiejames

GBPJPY February 14, 2020

Long
FX:GBPJPY   British Pound / Japanese Yen
On the weekly timeframe we see market forming ascending triangle ( www.tradingview.com/x/ZDhTTwA). Market consolidating within the triangle forming Elliott Impulse Wave (12345). Looking for market to push to the downside within the triangle to form the 5th pattern before breaking to the upside and penetrating the traingle's resistance level.
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.