Get started
Yussuf_Ibrahim

GJ 24.09.18 LONG for wave 5

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Yussuf_Ibrahim Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis gj GBPJPY priceaction candles prediction Forex
4
0
trendanalysis chartpattern waveanalysis gj gbpjpy priceaction candles prediction forex
GJ is showing a change of momentum despite the big fall on Friday. I read a elliot wave impulse cycle where it should form wave 5 followed by ABC correction to start a new trend.
Currently forming Higher Highs and Higher Lows, respecting fib levels. I estimate a 400 if not more pips in the next week or two.

Please not: Price may consolidate a little from where it is now
Good luck!
Trade active:
TP1 hit. Do not underestimate the heaviness of that right shoulder. during FOMC news you can move SL to secure some profit (so far over 150pips).
Trade active:
We're in the process of finishing Right Shoulder
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.