GBP / JPY - one potential scenario

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Hi everyone,

This sort of where I expect from the GBP / JPY over the next few weeks and months. I am reasonably sure it won't track my waves very closely. If wave 5 of wave 3 isn't extended, I would expect wave 5 to be extended - that is if my count eventuates. I'm not a professional or an experienced FOREX trader so this is one is posted more so I can check in on the progress.

Even if the waves develop exactly as I have charted I don't think I will enter a trade. I am not generally a fan of FOREX trading due to the timescales involved and if I do, other currency pairs offer better set-ups. This is published just for interest. Preserve that capital everyone.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.