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GBPJPY, Daily tf, potential HnS pattern
British Pound / Japanese Yen
Short
GBPJPY, Daily tf, potential HnS pattern
By HayatoDragonFX
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Aug 10, 2021
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Aug 10, 2021
Price might now complete the right shoulders exactly at 61.8 fibonacci level.
I am going to try selling GBPJPY as i think we have one more wave to the downside.
My target will be at the trendline supporting GBPJPY since 20 March 2020.
Sell GBPJPY 153.00
Stop loss 153.90
Take profit 147.90 (5.6R)
Use only 1-2% risk
Good luck
elliottwaveprojection
GBPJPY
gbpjpyanalysis
gbpjpysell
gbpjpyshort
Head and Shoulders
priceaction
priceactiontrading
Support and Resistance
Trend Lines
HayatoDragonFX
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