karndam

GBPJPY : Trading Plan Next Week

FX:GBPJPY   British Pound / Japanese Yen

Plan of trade

TF Day : Make the A-B-C
TF Week : End of 5th and make A-B-C or still in 4th wave and make corrective before Go down for 5th wave.
TF 4H and 1H: Lock profit if it end of each impulse.

1. If it is beginning of 5th-wave, it make 1-2 and now in the 2nd-wave and will go down to the Big-3rd Wave. or,
2. It will go up to meet the 158.536 160.344 before going down
If you focus on TF week it can break through 50% Fibo LEVEL and will go down to 61.8%, or 78.6 So i focus in downtrend and Buy in the 1H 4H Day for 2-3 days or around 1 week
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.