GBP/JPY 2 parallel channel zones broken (Nikita FX)
GBP/JPY had already achieved its breakdown with 2 parallel channel bottoms.
1st one is Purple channel zone.
2nd one is Green channel zone.
Since 116.82, major-5 waves already topped out at 180.69.
Since 180.69, wave-3 bottom had already met at 168.00. Since then wave-4 is
going on which will retrace Fib.38.2% to 172.86. And then wave-5 is coming down
to the Black Wolfe Line (162.75 in the end of Nov.)
Nikita FX (climbingfx.jugem.jp/)
1st one is Purple channel zone.
2nd one is Green channel zone.
Since 116.82, major-5 waves already topped out at 180.69.
Since 180.69, wave-3 bottom had already met at 168.00. Since then wave-4 is
going on which will retrace Fib.38.2% to 172.86. And then wave-5 is coming down
to the Black Wolfe Line (162.75 in the end of Nov.)
Nikita FX (climbingfx.jugem.jp/)
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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.