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Paun British / Yen Jepun

Upcoming correction ahead

Oleh John_Boba
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We have a very beautifully market constellation. The price reached the 1,618 extension of the privious bearish leg. The 0,382 retracement of the current bullish leg is exactly the previous leg. Thus, I look for a confirmation of a upcoming correction to go short. Taking RSI into consideration, it shows divergence already.



What do you think?
Your Likes much appreciated.
Dagangan aktif
syot kilat
Nota
JPY shows some weakness after strong bullish movements since beginning of November. I am going to increase my position with next possibility and good Risk/Reward-Ratio. However, trading correction might be mind stressful.
Dagangan aktif
syot kilat
Dagangan aktif
Increased my position. The opening of the UK-stock will be important. syot kilat
Dagangan aktif
Break of the last low.
syot kilat
Dagangan ditutup: sasaran tercapai
First target reached.
syot kilat
GBPJPYgbpjpycorrectiongbpjpyshort
John_Boba

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