GBPJPY undergoing wave B corrective structure. Short term will be watching for sell setup up TP 158.XX.
Longer term will be watching for long setup to ride on wave C of corrective structure
Longer term will be watching for long setup to ride on wave C of corrective structure
Trade geschlossen: Ziel wurde erreicht:
Sell order at 160.93, being 50% int. ret EOW 2 of wave C.
TP reached for EOW C (EOW B) at 61.8% int. ret of wave A + 61.8% APP of w.a from w.b
close trade at 158.72
TP reached for EOW C (EOW B) at 61.8% int. ret of wave A + 61.8% APP of w.a from w.b
close trade at 158.72
Kommentar:
Kommentar:
We missed the initial upward rally. We will be looking for buy setups to ride on EOW 5 projections.