GBPJPY zigzag correction

GBPJPY zigzag correction

my elliot wave and price action analysis shows that the price are now completed its zigzag correction pattern. with my wave count, i think it is best to find the opportunity to go short for this pair.

the candlestick on the daily and weekly indicate that the price will move downward.there are some rejection on the daily candle which shows that those candle are already exhausted.

selling zone are on the area of 185.269 which is the support and resistance area.while target profit will be on the 180.876 area which is the support area of the price.

good luck!!

this idea was published for the purpose of study only. all the risk taking are at your own responsibility.


A forex trader who enjoy doing forex naked chart and make profit with forex expert advisor.Also enjoy to socialize with other forex trader in the world.

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