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justagirllearningtotrade
Oct 20, 2021 11:37 AM

GBPJPY Countertrend Opportunity? Short

FX:GBPJPY15
British Pound/Japanese YenFXCM

Description

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It appears as though price has hit a D extension to the upside.

Looking at a retracement potentially to the 38.2 or the 61.8 before we see a continuation to the upside.
Multiple Time Frame AnalysisFibonacciTrend LinesgbpjpyshortgbpjpysellElliott WaveFibonacci Retracement
Comments
Khiwe
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yes.
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