meszaros

GBPJPY rising wave structure...

Long
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY rising wave structure. I'm waiting for a definite rise of triple wave motion. There are two correction levels before the rise, the first being the area of 150,777, the second being the level of 153,890. I'm going to have a quarter corrugal correction here. The purple ATR axis is quite steep, so I expect more regular wave motion in this range. The wave moves around 155,591 levels.

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.