Expecting 1 more downside correction on GBPJPY, before we see the FINAL impulse move to the upside. Expecting buyers to peak around $190-$194, before downtrend begins.
âïž3 Sub-Wave Impulse Complete for Wave 5.
âïž2 Sub-Waves (IV, V) Still Pending.
âïžSelling Momentum Slowing Down.
âïž3 Sub-Wave Impulse Complete for Wave 5.
âïž2 Sub-Waves (IV, V) Still Pending.
âïžSelling Momentum Slowing Down.
Trade ist aktiv
We're currently seeing a bearish rejection play out on GBPJPY which I highlighted on yesterday's analysis. Price has dropped down 90 PIPS so far. If you're looking for a sell entry, drop down on the 4HR TF, wait for minor structures to be broken + a retest, as a confirmation of sell.Trade ist aktiv
GBPJPY bearish move playing out nicely. Since we posted this analysis, we saw a bearish pin bar form, indicating that buyers have run out of momentum. Market is now down 240 PIPS SO FARđTrade ist aktiv
GBPJPY played out exactly how we outlined on our analysis. We called the top, followed by a bearish retracement towards $176.500. If you caught the top, you would have caught 730 PIPS towards our Wave IV target.Now towards the next target of $190 (Wave V)!
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GBPJPY price action playing out EXACTLY as highlighted on the first analysisđ„đ We saw that original drop towards Wave IV, catching 760 PIPS, now price has pumped straight back up, climbing towards our Wave V target. So far up of 1,000 PIPS!Trade ist aktiv
GBPJPY up 720 PIPS in profit so far from our POI. Price action still playing out as expected & we can see that bullish momentum is slowly dying down. This indicates that price will most likely top out around our $190 zone as we predicted. This'll be followed by a HUGE BEAR MARKETđ©žTrade geschlossen: Ziel wurde erreicht
GBPJPY BUY (WAVE V) - BEFORE & AFTERđ„Recommended to close out GBPJPY buy positions now, as Wave V zone has pretty much now been reached. Price will range for the remainder of 2023, before dropping in 2024đ
- 1,230 PIPS Profit SecuredđŻ
- Holding Period: 120 DaysđŻ
- Called LIVE For You AllđŻ
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von RatschlÀgen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.