SergeantPringles

GBPJPY - Gartley long at the end of a 5 wave structure

Panjang
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FX:GBPJPY   Paun British / Yen Jepun
6
Currently sitting at the end of a 5 wave structure, so at least ABC correction is likly. that will most likly bring us up into previous resistance since the B wave is very deep anyway.
however its also possible we will start a bigger upmove now, so i will keep 1 half for that. make sure to bring your stops to breakeven once we approach the blue trendline, since we dont wanna see the market bounce of of that
Komen:
Here the reasoning behind TG2
Komen:
the white box and TG1 should be alittle bit lower by the way. just the retest of the A point. dunno what happend there
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