Bearish after termination of 5 of Y
Hye all ! Assalamualaikum !
Looks like GBP/JPY is unfolded the termination of 5 of Y. Should the high of 133.788 holds ;
Our strategy is to sell with pre-target @ 23.6% level @ 131.765 and with further target @ 38.2% @ 130.788. Our stoploss will be above 133.788.
Hopefully, you guys get the idea ! Do comment below if you have anything in mind ! Cheers !
Looks like GBP/JPY is unfolded the termination of 5 of Y. Should the high of 133.788 holds ;
Our strategy is to sell with pre-target @ 23.6% level @ 131.765 and with further target @ 38.2% @ 130.788. Our stoploss will be above 133.788.
Hopefully, you guys get the idea ! Do comment below if you have anything in mind ! Cheers !
Note
HIT stop loss, will count new wave idea.
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.
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.