GBPJPY:
Confluence:
- Impulsive move to the upside to form a (1,2,3,4,5) move.
- Correction with a (A,B,C,D,E) with is a rectangle pattern. Similar to the setup done in the task yesterday.
- Fib levels line up with areas of support!
- Liquidity pool created under the support level.
Confluence:
- Impulsive move to the upside to form a (1,2,3,4,5) move.
- Correction with a (A,B,C,D,E) with is a rectangle pattern. Similar to the setup done in the task yesterday.
- Fib levels line up with areas of support!
- Liquidity pool created under the support level.
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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.