GBPJPY short set up, now or later?
Bat pattern.
ending diagonal pattern (in the C wave)
divergence.
there are resons a trader can short the pair now.
waiting for break of 2-4 trend line (red one) is a conservative approach.
but dont forget, there is a possibility for more upward moves for completing C wave of ABC.
so if you enter right now, your stop must be upper that levels of completion of C wave.
for more longterm views, check out related posts.
ending diagonal pattern (in the C wave)
divergence.
there are resons a trader can short the pair now.
waiting for break of 2-4 trend line (red one) is a conservative approach.
but dont forget, there is a possibility for more upward moves for completing C wave of ABC.
so if you enter right now, your stop must be upper that levels of completion of C wave.
for more longterm views, check out related posts.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.