Get started
BeFinanceMate

How to work with Elliot wave - GBPJPY

Short
British Pound / Japanese Yen (FX:GBPJPY)  
BeFinanceMate Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Wave Analysis
7
0
trendanalysis waveanalysis
Classic structure of Elliot`s impulse wave is coming to the end. The 4th wave is stopped and retracing back from 38.2 and 50.0 levels of fibonacci from 2 important levels. On the other hand, overbought and cross-over on MACD12,26,9 setting, gives us downward movement
Trade active
Comment:
+350pips
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.