Elliott wave analysis of GPB/JPY (Pound/Yen) for FX:GBPJPY by IgorFlow — TradingView


I revised the daily count towards the further development of the wave . The proposed pattern of movement depicted in dashed lines. I look forward to an alternate entry of prices into the zones indicated by the blue (turquoise) color.

As for trading, I recommend waiting for a minimum of entry into the first zone, from there you can already look closely at a long position with a stop at the end of the wave “1” and a target in the second zone. But personally, I plan to wait for the second zone and then take a short

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