lawlee9

GBPJPY - Further Lows

Short
lawlee9 Updated   
FX:GBPJPY   British Pound / Japanese Yen
Hi All,

Expecting a slightly further move up towards 138.4 - 138.8 before falling further.

We have on the larger scale a 5 wave down where we're seeing the 4th wave back up as a retracement.
In the retracement, I see the 5th wave up going towards 138.4 ~ 138.8.
In premarket, price rejected at the 138.4, so trying to see if it'll go back to it or send price down straight from open.
Have a feeling it's going to test that area or higher again before the drop.
Comment:
Short entered

Comment:
Another entry for a short coming up.

Comment:
Pull up and then drop
Comment:
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.