GBP / JPY - one potential scenario
Hi everyone,
This sort of where I expect from the GBP / JPY over the next few weeks and months. I am reasonably sure it won't track my waves very closely. If wave 5 of wave 3 isn't extended, I would expect wave 5 to be extended - that is if my count eventuates. I'm not a professional or an experienced FOREX trader so this is one is posted more so I can check in on the progress.
Even if the waves develop exactly as I have charted I don't think I will enter a trade. I am not generally a fan of FOREX trading due to the timescales involved and if I do, other currency pairs offer better set-ups. This is published just for interest. Preserve that capital everyone.
This sort of where I expect from the GBP / JPY over the next few weeks and months. I am reasonably sure it won't track my waves very closely. If wave 5 of wave 3 isn't extended, I would expect wave 5 to be extended - that is if my count eventuates. I'm not a professional or an experienced FOREX trader so this is one is posted more so I can check in on the progress.
Even if the waves develop exactly as I have charted I don't think I will enter a trade. I am not generally a fan of FOREX trading due to the timescales involved and if I do, other currency pairs offer better set-ups. This is published just for interest. Preserve that capital everyone.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.