GBPJPY - still unclear but shorts prefered
Artificial Intelegence Waves - GBPJPY - short prefered as the current level can be discribed as a "false breakuot", or wave 5 ( 5 waves starting around 130 level )
This current wave looks like corrective and cleary shows divergence at the moment. Falling bellow 140.90 would conferm target 136-136.5
Interisting of this chart - test yoursel here : tradingview.com/chart/HzYMmLsd/
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This current wave looks like corrective and cleary shows divergence at the moment. Falling bellow 140.90 would conferm target 136-136.5
Interisting of this chart - test yoursel here : tradingview.com/chart/HzYMmLsd/
Interested about Trading Systems - join chat room ' Trading Systems ' to discuss .
Trade active
Looks very heavy, but be careful could create a spike first time breaking bellow 140.90
Trade active
Shorting now 141.8 / stop on chart
Several attemt to break above current levels - rejected .
Note
Stops comes 142.10/15
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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.