The GBPJPY has just bounced off the 61.8 Fib retracement and its on the way down!
If you take a Fib. Retracement on the pullback itself, you would find the 161.8 retracement level coindentally coincides with the previous impulse wave!
Let me know what you think guys!
If you take a Fib. Retracement on the pullback itself, you would find the 161.8 retracement level coindentally coincides with the previous impulse wave!
Let me know what you think guys!
Trade active:
It broke out of the pullback! Enter NOW!!
Trade closed: target reached:
Trade closed! made 200 pips!