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Livre sterling / Yen japonais

Upcoming correction ahead

Par John_Boba
Mis à jour
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.
Transaction en cours
snapshot
Note
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.
Transaction en cours
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Transaction en cours
Increased my position. The opening of the UK-stock will be important. snapshot
Transaction en cours
Break of the last low.
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Trade fermée: cible de profit atteinte
First target reached.
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GBPJPYgbpjpycorrectiongbpjpyshort
John_Boba

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