a detailed look at the structure. target 1 @ 176.00 from which I need to see if there is a wave 4 (another correction) if yes, I guess that movement 5 will break the downward line (177.50 area) and start trading for higher highs which I guess will be a little bit higher that the high @ 180.60 area
daily structure analysis for the gbpjpy, moving upwards is my projected movement targeting 177.30-60 area
am selling @ cp with stop loss @ 1.9735 target @ area mentioned @ previous analysis
a little bit of a crowded chart haha, but it couldn't be any easier! well I think I have planned out a good scenario for the gbpnzd for the upcoming couple of month. basically I got the following upcoming movement: 1. the pair will have to reach the area @ 2.0055-2.0105 before moving down, 2. I will sell from the specified area above targeting 1.8675-1.8700...