British Pound / Japanese YenUpdated Current SHORT or Possible Long Bounce
Looking like a correction as of now, especially taking into consideration the wave counts as you can see.
We may however bounce off this blue uptrend line so keep that in mind. For now we are short though.
To see a bigger overview on a higher time frame, please check previous chart idea in the "Related Links Section".
We may however bounce off this blue uptrend line so keep that in mind. For now we are short though.
To see a bigger overview on a higher time frame, please check previous chart idea in the "Related Links Section".
Note
Once we ride this correction down and it's complete, i'll be looking for the long moves.
If we enter long at the end of this correction, the target will be approx 360 - 550 pips.
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Related publications
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.