hello everyone ,to day I have gbpusd analysis ,we currently on wave 5 and soon we may get a rejection and then we may get a correction down to the lower area
hello everybody today ,I have my opinion /idea about gbpjpy ,I think we currently at wave 5 of Elliot wave so we target to make new higher high at 174-175
by looking to total market cap for crypto market we are near the bottom, we reached to 0.76 fib level which is very strong retracement level ,in my view it is best time for investment and DCA
i think the price will either bounce from this level or 450 b level but in conclusion we very close to the bottom .
stay safe .
We break the general downtrend ,I think the price will retest the broken trend then continue uptrend also we have fib 76 area which increases the chance to go up.
