Paun British / Yen JepunPanjang
GBPJPY FOREX PAIR 55M TIME FRAME DATE 7/23/2024
Currently monitoring GBP/JPY for potential bullish setup conditions. The current setup appears promising, as we observe the conclusion of the WXY correction phase, which could serve as a pivot point.
Once we confirm the WXY pattern, we can anticipate potential new highs. However, there are critical details yet to be clarified, making this setup inherently risky until internal impulses are evident.
Currently, we are in the midst of developing leg Y following leg C. If we observe strength entering the market, it may signal a buying opportunity.
I will provide updates once an opportunity becomes evident.
Once we confirm the WXY pattern, we can anticipate potential new highs. However, there are critical details yet to be clarified, making this setup inherently risky until internal impulses are evident.
Currently, we are in the midst of developing leg Y following leg C. If we observe strength entering the market, it may signal a buying opportunity.
I will provide updates once an opportunity becomes evident.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.