Go long in GBPJPY
This is my idea. At this point it is possible to observe a harmonized pattern in this pair, which indicates a reversal in the tedency. This point corresponds to a good area of supply and demand. It is possible to observe divergences in tdMACD and RSI.
To confirm the entry we will have to wait for the stochastic to reach the level of 8 and for the graph to stabilize between the entry points 1 or 2.
To confirm the entry we will have to wait for the stochastic to reach the level of 8 and for the graph to stabilize between the entry points 1 or 2.
Note
In 4h it is easier to see that the Elliot wave hit point 5.Trade active
I am active in this trade and I adjusted my point 1 of entryNote
This is what I am aspecting,if the pullback is confirmed...
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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.