Zohaib_Malik

GBPJPY IN A CORRECTIVE STRUCTURE

FX:GBPJPY   British Pound / Japanese Yen
137 2 5
GBPJPY             IN A DAILY DOWN TREND AND CURRENTLY IN A 60M CORRECTION. IT CAN BE BREAK BOTH WAYS. VERY HIGH POSSIBILITY OF DOWNSIDE! LETS SEE WHERE IT WILL GO! IF IT BREAKS DOWNSIDE SELL THE BREAKOUT AFTER CORRECTION AND SAME FOR THE UPSIDE! CAN BE BREAK FOR ONE MORE UPSIDE BUT BREAKING THE STRUCTURE IS IMPORTANT FOR THE NEXT BIG IMPULSE!
GOOD LUCK!
THANKS
KEEP FOLLOWING
Hi, i agree, as long as 156.00 zone holds that is a very possible scenario. Good luck! Vlad
+1 Reply
Zohaib_Malik VladimirRibakov
you too
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