0311 Trend Continue GBPJPY down with RR>7
Hello traders,
Last week we got a weekly outlook on GBPJPY in this idea.
We were looking for a double TOP abc wave price action before new leg up or down.
Now we have a lower B and BC broke the support level on this 4H chart. A trend continuation strategy is for this pair.
Wait for signals by the green zone which could help us setup a trade WITH RR>7.
GOOD LUCK ON THIS PLAN.
LESS IS MORE!
Last week we got a weekly outlook on GBPJPY in this idea.
We were looking for a double TOP abc wave price action before new leg up or down.
Now we have a lower B and BC broke the support level on this 4H chart. A trend continuation strategy is for this pair.
Wait for signals by the green zone which could help us setup a trade WITH RR>7.
GOOD LUCK ON THIS PLAN.
LESS IS MORE!
