GBPJPY update: continuation downside into pattern completion
Hi guys,
UPDATE: The pair GBPJPY is good for a sell. Look for a sell setup into the bear impulse leg with your own tested trading strategy.
We are in a long term ABC pattern. We have a small wave retracement now, and a daily compelling bear candle. Selling breakout of minor sideway support into the D leg completion of Gartley is probably a good idea.
Very interesting setups in this pair. Like and follow for updates and instant notifications on my ideas.
Thank you for your support.
UPDATE: The pair GBPJPY is good for a sell. Look for a sell setup into the bear impulse leg with your own tested trading strategy.
We are in a long term ABC pattern. We have a small wave retracement now, and a daily compelling bear candle. Selling breakout of minor sideway support into the D leg completion of Gartley is probably a good idea.
Very interesting setups in this pair. Like and follow for updates and instant notifications on my ideas.
Thank you for your support.
Commento:
Very nice opportunity to look for a sell signal on break of minor daily resistance. Truly a great trade down into the D leg of the Gatyley pattern where we can look for buy signals!
Patience is key. Trade what the chart is telling you.