British Pound / Japanese Yen

Short

Updated

GBPJPY A Good selling opportunity.

Here is a nice cluster to short GBPJPY. A Zigzag completion has taken place and so the correction is expected to retrace from an EW view. Targets and enteries for both the Bat and ZigZag trades.

Thanks for looking !

Note

Mix up in wave 4 and 5 positions. Should be the other way round.

Note

The trade setup is still correct nevertheless.

Note

ZigZag stopped out for +79 pips. Bat both targets met +120 pips. Total pips =199

Trade closed: target reached

Total pips +199

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