your welcome.. this was my setup.. and was saved by 4 pips in Asian sessin :)
FxSaint
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sometimes that happens, SL gets saved by 4 pips, sometimes entry is missed by 4 pips & sometimes its very accurate with DD of only 4 pips. Good idea, keep it up.
newbie2016
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yes.. totally agree..!! what maximum upside you see close to 163.5?
FxSaint
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Yes, 163.30-50 level is where 5th wave should terminate.
newbie2016
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5th wave means.. once it finished then gbpjpy back to 160 and below.. correct!
FxSaint
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Yes, it's possible. After 5th wave, ABC correction can take price to 160.