GBPJPY Minor Correction before Long Home Run
1. Triggered with Dominant Break in Candle H4, (Engulfing Pattern).
2. Before reach destination to 1.618 and 2.618, it will be facing minor correction.
3. Wait in the area 50% or 61.8%, find buy set up like engulfing or ABC pattern.
4. Nice Risk and Reward ratio, but will be takes more than one weeks to achieved the major target.
2. Before reach destination to 1.618 and 2.618, it will be facing minor correction.
3. Wait in the area 50% or 61.8%, find buy set up like engulfing or ABC pattern.
4. Nice Risk and Reward ratio, but will be takes more than one weeks to achieved the major target.
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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.