GBPJPY Is Back For the Retest After the Breakout
Welcome back Traders, Investors, and Community!
Hi Traders, GBPJPY on H4 Has broken below a major Resistance and now it’s back for the retest. It’s expected to go lower to 148.1
⬇️Sell now or Sell at 149.57
⭕️SL @ 150.41
✅TP1 @ 148.1
✅TP2 @ 146.5
✅TP3 @ 145.05
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
Gbpjpychart
GBPJPY W4 May 2021GBPJPY
Long Setup
Continuation trade:
👉🏻Price is making multiple continuation pattern in the lower timeframes, fails to break lower as well.
Elliot Wave Count also shows a triangle formation of ABCDE, indicating a Wave-4, breaking upwards will form the extended Wave-5. Target of Wave-5 will be the same as Wave-1 (~338 pips)