Sokow
Short

Ending Diagonal finishes the upmove

FX:GBPJPY   British Pound/Japanese Yen
Everything on the chart. Maybe it gets a little higher.
Two possible trades.

SL above previous high.

Good luck!
Nice wave counts. Any updates for this pair?
+1 Reply
Sokow PRO PriceActionTrading
2 years ago
Thank you!

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Sokow PRO PriceActionTrading
2 years ago
Waiting for entry signal (break of wave 4 in green).

We have again a divergence in quick CCI(7), in slow CCI(20), MACD histogram and RSI. Watch out and be careful. Good trades!

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PriceActionTrading Sokow
2 years ago
Nice. I have my stops @ 192.2. Divergences looking real good.
+1 Reply
Yahia.Awes PriceActionTrading
2 years ago
What if we won't see 192.2?
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Yahia.Awes
2 years ago
I like bigger pictures, weekly shows bulls get tired.
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Yahia.Awes Yahia.Awes
2 years ago
4h-tf shows rsi made a bearflag and also potential bearish div in macd (also rsi), with a rising wedge in price.
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Sokow PRO
2 years ago
We already broke the trendline and fell below small 4 (in green), we have to close below the small 4 to confirm the signal.

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Sokow PRO
2 years ago
Retest of the trendline. We should break previous low to confirm the downtrend.

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Yahia.Awes Sokow
2 years ago
Looks like we nailed it my friend!
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Sokow PRO Yahia.Awes
2 years ago
First target hit. We should fall much lower. Target is at least 187.

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Sokow PRO
2 years ago
First it developed very well and then ... surprise! So now its time for an update.

Im going to reopen my position if we reach the midpoint of the last wave (5).

Intraday:
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Daily:
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+1 Reply
Sokow PRO
2 years ago
Updated trade plan ...

Entry at 188 ... SL at 192.2 ... TP at 174 => CRV 3.33

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