GBP/JPY 15/8/2017 Reverse ?
The corrective wave is likely to end
On daily chart:
-The price has adjusted to the target price range
Format : expanding triangle (ABCDE)
-The harmonic pattern appears : bat pattern
-False break at support level.It will eliminate most of the optimistic investors leaving the market.
It makes us feel like the price will continue to fall
On H4 chart:
On daily chart:
-The price has adjusted to the target price range
Format : expanding triangle (ABCDE)
-The harmonic pattern appears : bat pattern
-False break at support level.It will eliminate most of the optimistic investors leaving the market.
It makes us feel like the price will continue to fall
On H4 chart:
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