eliass.r

GBP/JPY Daily TF Asc. Triangle &/or AB=CD pattern potential

FX:GBPJPY   British Pound / Japanese Yen
152 2 2
May be seeing an ascending triangle form, and may see tests and/or a break of resistance level point 'B' on the way there. Potential AB=CD harmonic pattern forming on the daily TF of GBP/JPY             for a potential short once (and only if) the pattern completes -
Yes, the double bottom completion is at that region of 189.30-189.70. I take it you're already long and will short at that level?
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eliass.r DerekUweri71
Yes I went long at the 61.8% level after it got out of that small cluster of consolidation. will only look to short if it reaches point D.
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