FX:GBPJPY   British Pound/Japanese Yen
6 months ago
My view on the GBPJY pair. I believe we'll see drop further down towards the 0.618 fib level @ 158.45 before surging upwards again. This would complete an ABCD wave reach the previous structures their highs and reaching the top of the box. I believe this will be a good point to short the GJ all the way down to the trend line/bottom of the box.

The drop down is would fit perfectly with the Stoch RSI being oversold and the RSI bouncing of its upward trend line.

Trade with caution.
6 months ago
Comment: Currently +260 pips.
5 months ago
Comment: Trade closed.

Long target hit: 418 pips

Short target hit: 862 pips

Total profit: 1280 pips.
haikalwafiqhii
6 months ago
Nice.. thank you.
Reply
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