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karndam
Apr 21, 2016 1:26 AM

GBPJPY : Trading Plan 21/4/2016 Short

British Pound/Japanese YenFXCM

Description

TRADING PLAN
Yesterday, i am busy after Finish short closed, so do not play the LONG. :(

Remind that it is still uptrend in 4H, so we play for a retrace (corrective).

1.If it is a wave 2 in 4H, i think it is in the ABC Corrective and in the C state already
Plan Play impulse of C (12345) and TP around 156

2.If it is the A, same TP too. : )

Cheers

Comment

Now it is very hard to identified. I cut loss for the 2 bar stop and now waiting for sure signal

Maybe it is still the B, or the 2 of C, or New Wave 3 of H4.

Carefully trade.

Comment

IT is meet the TP 1 and make the 3x wave. Very strong bull.
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