GBPJPY Potential to go long???
Confluence/Reference notes
- Break of 4H downtrend and retest
-78.6% retracement from impulse leg from 09/09 (only brave traders go against that)
-1hr uptrend trend line which activated from impulse leg at 10pm on 09/09
- Wave 5 of the Elliot wave theory which began 10pm on 09/09
We know where this want's to go..trade safe
Reznfx
- Break of 4H downtrend and retest
-78.6% retracement from impulse leg from 09/09 (only brave traders go against that)
-1hr uptrend trend line which activated from impulse leg at 10pm on 09/09
- Wave 5 of the Elliot wave theory which began 10pm on 09/09
We know where this want's to go..trade safe
Reznfx
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