*GBPJPY*
I am keen on this pair for this month of June 2022. The uptrend has resumed and as we know, the market never moves in a straight up. It has to move in waves.
We have seen wave 1 form. And a,b form as well. What the market is hinting to us at the moment is a possible wave c of ii because it has broken structure to the downside. We already have wave 1 forming and I am waiting for wave 2 before I can enter this trade completely. Once the market commits to us, then we are good to go short on this pair through 5 waves but its overall direction is a long. If the market moves and breaks structure above, we shall recount our waves and look for long positions.
Trade Smart.
*Trading with Samuel*
I am keen on this pair for this month of June 2022. The uptrend has resumed and as we know, the market never moves in a straight up. It has to move in waves.
We have seen wave 1 form. And a,b form as well. What the market is hinting to us at the moment is a possible wave c of ii because it has broken structure to the downside. We already have wave 1 forming and I am waiting for wave 2 before I can enter this trade completely. Once the market commits to us, then we are good to go short on this pair through 5 waves but its overall direction is a long. If the market moves and breaks structure above, we shall recount our waves and look for long positions.
Trade Smart.
*Trading with Samuel*