AlishaSingh
Short

GBPJPY possible contracting flat

FX:GBPJPY   British Pound / Japanese Yen
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Good morning guys its very early in Toronto so might as well start the day with a very big trade that might happen either this week if not then the coming week. Price has to tag the top in order to finish its correction. However a contracting flat is also possible in that case price would not retest the high. Entire move is a correction as we can see below

Hope you found this helpful
Alisha
Comment:
Price just broke the channel but wait for a flag before selling because a flag will confirm the downtrend
Comment: Move stops into profits guys :)
In fact, this chart provides a different perspective of the market. This type of charting idea never passed through my mind. It is always good to keep in touch with professional traders.
Thank you for sharing this chart. Continue your good work.
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AlishaSingh patterntrader
@patterntrader, Thank you. You have some amazing charts, thanks for sharing as well :)
Reply
i did it get it sorry what will be TP ?
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