Downtrend Wave 5 of GBPJPY in 1H chart
Price walking under 200MA, and created lower highs gradually.
Watch out the extension price range 145.72-145,idealy to finish the 5 wave struture at 145.
But it mail fail due to fundamental factors, take profit quickly if u trade in such a short time frame.
Watch out the extension price range 145.72-145,idealy to finish the 5 wave struture at 145.
But it mail fail due to fundamental factors, take profit quickly if u trade in such a short time frame.
Note
Double confirm near 148.50, heading to 147
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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.