$GBPJPY - Possible correction ahead
Hello everyone!
GBPJPY is below the dynamic support and is out of the uptrend channel, the channel has clear signs of completion of the 5-wave pattern, hence correction should be expected.
GBPJPY is below the dynamic support and is out of the uptrend channel, the channel has clear signs of completion of the 5-wave pattern, hence correction should be expected.
Trade closed: target reached
Congrats everyone!
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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.