1402 GBPJPY waitng for entry signal for potential 300-550 pips
On this daily chart, GBPJPY has a blue resistance trendline
on the top while a support red line is keeping price falling down.
ABCDE wave could happen if price want to drop down to
make a fibo 382 correction. On thie case, price will drop
down to reach 139.5.
Purple ABC BIG WAVE could also happen if price only want
to make a fibo 0.25 corrction. On thie case, price will
make up to reach 148.
Lets wait to see what signal this pair will give us later.
LESS IS MORE!
on the top while a support red line is keeping price falling down.
ABCDE wave could happen if price want to drop down to
make a fibo 382 correction. On thie case, price will drop
down to reach 139.5.
Purple ABC BIG WAVE could also happen if price only want
to make a fibo 0.25 corrction. On thie case, price will
make up to reach 148.
Lets wait to see what signal this pair will give us later.
LESS IS MORE!
