British Pound / Japanese Yen
Long
Updated

GJ ABC set-up

151
38-50% rectracement of AB leg signals a continuation of the AB leg.

Divergence spotted

Symmetry suggests a rally towards 151.

Other potential targets
38% extension: 147.5
62% extension: 148.8

SL below C at 145.4


Thank you for the support, make sure you leave a like and state your comments in the section below

God bless and thanks for reading

Note
snapshot
Note
snapshot

Not really digging the resistance at 24% abc extension
Note
OK this might hold... if price takes out C this set-up gets invalidated

snapshot

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.