Sell! 5 GBP/JPY we're in wave 5 downwards.
Hi So this is the second time I am posting in regards to this pair,
I believe we are in or about to enter wave 5,
looking on 4 HR Chart, all requirements are met
We had an impulse move
61.8% Retracement
Impulse move to 131.8%
The next to moves 4 and 5 should be 38.2 % of wave three which is around 155.019
The move after that would be 100% of wave one which would take us to 152.125
enjoy! hopefully after this trade I will be posting a passed FTMO challenge!
I believe we are in or about to enter wave 5,
looking on 4 HR Chart, all requirements are met
We had an impulse move
61.8% Retracement
Impulse move to 131.8%
The next to moves 4 and 5 should be 38.2 % of wave three which is around 155.019
The move after that would be 100% of wave one which would take us to 152.125
enjoy! hopefully after this trade I will be posting a passed FTMO challenge!
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