GBP/JPY is displaying a bullish trend on the 4-hour timeframe, following an ascending trendline and forming an Elliott Wave 12345 pattern.
Entry is recommended when the price touches the ascending trendline and completes the 4th wave.
Wait for a bullish rejection at a key level to confirm the entry.
Monitor the price action closely to ensure the trendline and wave pattern remain intact for a successful trade.
Entry is recommended when the price touches the ascending trendline and completes the 4th wave.
Wait for a bullish rejection at a key level to confirm the entry.
Monitor the price action closely to ensure the trendline and wave pattern remain intact for a successful trade.
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