4xForecaster

$GBP vs. $JPY - Moving Under Wolfe's Influence | #Forex $USD

FX:GBPJPY   British Pound / Japanese Yen
Friends,

As signaled this week-end, this Wolfe Waves Pattern came across loud and clear. I would have expected a 5-prime adverse excursion as it often seen in the WW, but instead, price is moving along just fine.

This is a M15.But, dDid you see this DAILY chart:

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All prior discussion on the development of both patterns can be reviewed in the TradingView's "Predictive Analyses & Forecasting Room".


OVERALL:

Bearish per price submission to WW pattern. Stay tuned by following my posts on TradingView.com for refined predictive/analysis per model once pattern consumes itself. No charge. Pure unadulterated technical indulgences.


Cheers,

David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA


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