GBPJPY 1D Elliot, Parallel channel, S&R SHORT The way i see, the wave "b" is already finish, now expecting the price to go down to around TP 143.00 depending on how long will it take and where in time the Channel's lower trend line will be, if it takes long might be at a higher price.
I feel its long especially now due to good stuff coming out of the brexit negotiations which is the main market mover for GBP.
gonalofasutu
⋅
thanks for the analysis, i will always support good trade ideas from you :)
victormcastanonc
⋅
@gonalofasutu, Thank you, it is my pleasure and it is also the way i'm still learning.
vosat
⋅
Thx for the trade idea! How confident are you from a scale of 1-10 on this idea victormcastanonc?
victormcastanonc
⋅
@vosat, I wish i knew, there is no way to know how the price is actually going to be in the future, if i post the idea that is what i think is happening according to what i have learned and still learning. Thanks