ELLLIOT WAVE PRINCIPLE

26 Haz 2020

GBPJPY Analysis which shows the possible entry point for long positions and the possible profit targets. if you look at the chart carefully you will find out that there is possibility of TRUNCATION formation in wave 5 of the main trend . Then after completion of wave 5 the trend will change its direction by establishing wave 2 (ABC), then all the way to the third part of the wave.