GBPJPY D1 Wave C Down (H4 Chart)
D1 I'm looking for the short setup targeting the 100fib. on the lower timeframes.
H4 My last idea price going pretty much as expected and we may be getting close to the end of the D1 B wave correction. Checkout my last H4 idea to get up to speed thanks.
H1 were getting a bear flag but it's important to note H4 wave C up may not be over and we get one more higher high on H1 for the Z up. Wait for a solid flag break and keep a tight SL if you wish to trade the flag.
Good luck and trade safe!
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H4 My last idea price going pretty much as expected and we may be getting close to the end of the D1 B wave correction. Checkout my last H4 idea to get up to speed thanks.
H1 were getting a bear flag but it's important to note H4 wave C up may not be over and we get one more higher high on H1 for the Z up. Wait for a solid flag break and keep a tight SL if you wish to trade the flag.
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation for this free analysis, You seen these counts and analysis here first!
Thank's to all the traders in advance that hit the thumbs for your support!
Kommentar:
Got H1 flag break, place SL and mange position.
Kommentar:
TYPO Manage
Kommentar:
H1 Were getting bullish divergence, you should at least move to BE.
Kommentar:
GBPJPY H1 Wave Z Down. Checkout the H1 idea to get up to speed on whats going on , on the lower timeframes thanks
Trade geschlossen: Ziel wurde erreicht:
D1 TP hit for a nice profit. By the impulsiveness of the C wave and no signs of D1 bull divergence I dare say were going to the 161.8fib extension so you may wish to consider holding half for the lower level.
