Livre sterling / Yen japonais
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GBYJPY CRAB PATTERN

266
After the July 2024 sell-off,
we looked to have found support
August close at 190.908 {an.886 retracement from dec 23' low}
we have two higher highs without a break of that low{on the daily}

we have divergence on the RSI

Complete the crab pattern which is in the process of completing the BC projection CD lag near 224.

Long Term a monthly close above 193 bullish

tp1:224

long term target: 340
Transaction en cours
198 is the line in the sand...
If we can break above this crucial zone we can be in search for 207 and beyond
Trade fermée: ordre d’arrêt atteint
well stops were reached for idea.
entry was solid.

price failed to break 200. once price closed below 194.9 trade should have been closed.

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