FUNTRADER-Vera
Long

GBPJPY: technically analysis step by step

FX:GBPJPY   British Pound / Japanese Yen
Traders,

GBPJPY now is on wave ABC to 150.5 to retest the blue trendline .
It could probably go higher to retest the light blue trendline later if a corretive wave wont make a new low later.
Our last view to short GJ for 700 pips now looks a little too early.
GBPJPY has its corrective job to do .
Less is more!
Mar 21
Comment:
Mar 21
Comment:
Mar 21
Comment: we had GBPJPY hit the first blue trendline .
This is not a signal to short GBPJPY.
To long it , better wait for a better entry with smaller stop loss.
Mar 23
Comment:
Mar 23
Comment: The pressure of the trenline is still valid.
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wow love your analysis Vera, thanks for sharing your ideas and skill much appreciated :)
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@easy_trades, thank you ,
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Very good idea Vera, thank you
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@Firas585, You are welcome.
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You are a good trader Vera very good idea
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@zahzahood, thanks.
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