0708 P8/8 GBPJPY is waiting for an entry for another 1000 pips
The blue zone is where GBPJPY could drop heavily again.
It contains 1000 pips.
GBPJPY actually is now on its 3rd wave on weekly chart.
A small pullback by rejecting from the highest position of the blue zone does not mean a strong weekly correction is starting.
We should wait for a new entry signal to short it later, on the contrary.
GOOD LUCK !
LESS IS MORE!
It contains 1000 pips.
GBPJPY actually is now on its 3rd wave on weekly chart.
A small pullback by rejecting from the highest position of the blue zone does not mean a strong weekly correction is starting.
We should wait for a new entry signal to short it later, on the contrary.
GOOD LUCK !
LESS IS MORE!