GBPJPY 15M TIME FRAME 7/25/2024
I am currently monitoring GBP/JPY for potential bullish setup conditions. Based on ongoing analysis, it appears we are nearing the conclusion of a WXY correction phase, which could mark a pivotal turning point.
Pending confirmation of the WXY pattern, there is potential anticipation of new highs. I plan to enter a buy stop order as indicated in the image provided.
Presently, we are observing the development of leg Y following leg C. Confirmation of market strength has already formed, signaling a potential buying opportunity.
Pending confirmation of the WXY pattern, there is potential anticipation of new highs. I plan to enter a buy stop order as indicated in the image provided.
Presently, we are observing the development of leg Y following leg C. Confirmation of market strength has already formed, signaling a potential buying opportunity.
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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.