GBP/JPY short opportunity
Looking into this trade for early next week or end of next week using ichimoku waves , time theory and %R .
The waves are forming a first wave of 13 bars , the corrective also 13-1 bars. I expect most likely a third wave with 13 bars as well but could also stopped earlier at 9 bars before correction.
I'll look at bearish cross with %R , a bearish candle with a trigger. An extension up to the 161.1 level is also possible. Looking into a short opportunity with confirmation.
The waves are forming a first wave of 13 bars , the corrective also 13-1 bars. I expect most likely a third wave with 13 bars as well but could also stopped earlier at 9 bars before correction.
I'll look at bearish cross with %R , a bearish candle with a trigger. An extension up to the 161.1 level is also possible. Looking into a short opportunity with confirmation.
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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.