Are we seeing the decline in GJ bullish momentum coming to an end?
What are we expecting?
- JPY Strength - GBP weakness = GBPJPY Short Trades.
What is our confirmation?
- Price has one more push up to our 0.27% fib levels to complete our 5-wave theory.
- Use GBPUSD For added confluence as they mirror each other.
- JPY Strength
Where shall we enter?
- We can enter a safe position once we see a breakdown of bullish momentum & rejection wicks from our fib levels 0.27%.
Once entered where will our SL BE?
- SL will be above Fib levels for safe SL
Targets?
1- 164.000
2 - 160.000
What are we expecting?
- JPY Strength - GBP weakness = GBPJPY Short Trades.
What is our confirmation?
- Price has one more push up to our 0.27% fib levels to complete our 5-wave theory.
- Use GBPUSD For added confluence as they mirror each other.
- JPY Strength
Where shall we enter?
- We can enter a safe position once we see a breakdown of bullish momentum & rejection wicks from our fib levels 0.27%.
Once entered where will our SL BE?
- SL will be above Fib levels for safe SL
Targets?
1- 164.000
2 - 160.000