British Pound / Japanese YenUpdated Potential GJ Short before a massive bull run
Important levels marked from W all the way down to H1, consolidation on the H1 is boxed and waiting for a potential breakout.
Fib drawn on H4 with the target at the 61,8% level in mind, we can expect it to test that area (or worst case scenario 78,6%) and ride it all the way up. First analysis being shared, any ideas or suggestions are welcome.
If price however breaks box to the upside, we can wait for a retest and ride it up to a Daily level. Market right now is a one of the Weekly areas and overall movement would actually depend on the closure of this weeks candle.
Fib drawn on H4 with the target at the 61,8% level in mind, we can expect it to test that area (or worst case scenario 78,6%) and ride it all the way up. First analysis being shared, any ideas or suggestions are welcome.
If price however breaks box to the upside, we can wait for a retest and ride it up to a Daily level. Market right now is a one of the Weekly areas and overall movement would actually depend on the closure of this weeks candle.
Trade active
3 Successfully predicted moves so far...waiting for a drop to the above mentioned levels and looking for a great R:R long.Alternatively, price could reverse at the level 144.65 and rally on up.
Trade closed: target reached
Ngl, I am kinda baffled but it proves that anyone can do this if you put the work in...target achieved and I hope everyone that saw this benefitted from it.
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