GBPJPY plan before FED RATE
Traders,
We have the left chart posted yesterday.
Now we are on the 4h chart to follow up.
The pressure line is still valid .
And descending trend is still not finished yet.
It should be a five-wave trend and now waiting for the start of wave 5.
Wave 4 has a broken trendline with RSI DIV.
Still with patience for some triggers to pull price down.
Less is more!
We have the left chart posted yesterday.
Now we are on the 4h chart to follow up.
The pressure line is still valid .
And descending trend is still not finished yet.
It should be a five-wave trend and now waiting for the start of wave 5.
Wave 4 has a broken trendline with RSI DIV.
Still with patience for some triggers to pull price down.
Less is more!
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Trade ativo
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OK, I can only bear on 1h chart to check on what is happening.
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Like this.
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Always about lines, how to use lines to find out your trade opportunity.
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Comentário:
A strong engulfing pattern appear on daily chart.
Trade fechado: objetivo atingido:
Target 1 hit with 130 pips in Asia morning.
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