Trading_Jazz
Long

(4h) Deeper into PRZ Cluster @ Confluence

FX:GBPJPY   British Pound / Japanese Yen
Comment: @ cluster / confluence zone
Comment: Adjusted fibs and targets;
New Corrective structure in action;
I still expect the 38%;
But a close below this "channelled" structure (Breakout) can send it to the previous lows, or even below...
snapshot
Comment: Adjusted fibs and targets - 2nd target reached
what does that mean when the RSI breakout but the price is not following the breakout? is that an equation wich equals to something? shall we exept price to break out very soon?
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sir is this a bat pattern?if yes may i know if this bat pattern still valid?cause its retrace more than 88.6%.....appreciate if u answer my question sir
Reply
still valid, adjust your fibs and targets
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