long GBP/JPY by shark pattern.
There is a completed shark pattern on gbp/jpy daily chart.
The shark pattern is determined by 88.6% of XA and 1.618-2.618bc, als C is 1.13-1.414 times of BC.
Now potebtial reversal zone do give support for the price. If you see the price action previously, 117-117.80 is the key support area for GBP/JPY
Buy it and use 38.2% of CD as the target
The shark pattern is determined by 88.6% of XA and 1.618-2.618bc, als C is 1.13-1.414 times of BC.
Now potebtial reversal zone do give support for the price. If you see the price action previously, 117-117.80 is the key support area for GBP/JPY
Buy it and use 38.2% of CD as the target
Trade closed: stop reached
sorryTrade active
short start
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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.
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.