GBPJPY SELL OVERVIEW (2D TF)📈

Expecting 1 more downside correction on GBPJPY, before we see the FINAL impulse move to the upside. Expecting buyers to peak around $190-$194, before downtrend begins.

⭕️3 Sub-Wave Impulse Complete for Wave 5.
⭕️2 Sub-Waves (IV, V) Still Pending.
⭕️Selling Momentum Slowing Down.

Transaction en cours:

We're currently seeing a bearish rejection play out on GBPJPY which I highlighted on yesterday's analysis. Price has dropped down 90 PIPS so far. If you're looking for a sell entry, drop down on the 4HR TF, wait for minor structures to be broken + a retest, as a confirmation of sell.

Transaction en cours:

GBPJPY bearish move playing out nicely. Since we posted this analysis, we saw a bearish pin bar form, indicating that buyers have run out of momentum. Market is now down 240 PIPS SO FAR📉

Transaction en cours:

GBPJPY played out exactly how we outlined on our analysis. We called the top, followed by a bearish retracement towards $176.500. If you caught the top, you would have caught 730 PIPS towards our Wave IV target.

Now towards the next target of $190 (Wave V)!

Transaction en cours:

GBPJPY price action playing out EXACTLY as highlighted on the first analysis🔥😂 We saw that original drop towards Wave IV, catching 760 PIPS, now price has pumped straight back up, climbing towards our Wave V target. So far up of 1,000 PIPS!

Transaction en cours:

GBPJPY up 720 PIPS in profit so far from our POI. Price action still playing out as expected & we can see that bullish momentum is slowly dying down. This indicates that price will most likely top out around our $190 zone as we predicted. This'll be followed by a HUGE BEAR MARKET🩸

Trade fermée: cible de profit atteinte:

GBPJPY BUY (WAVE V) - BEFORE & AFTER💥

Recommended to close out GBPJPY buy positions now, as Wave V zone has pretty much now been reached. Price will range for the remainder of 2023, before dropping in 2024📉

- 1,230 PIPS Profit Secured🎯
- Holding Period: 120 Days🎯
- Called LIVE For You All🎯