GBPJPY - UniverseMetta - Analysis
#GBPJPY - UniverseMetta - Analysis
After a strong downward impulse and correction, the downward movement did not continue, which may indicate the end of the correction movement, if you look at the timeframe on W1 and the resumption of growth.
On D1, the price formed a 3-wave structure through a triangular correction, which can give an upward movement to the levels to update ATH. You can also take into account the size of the position taking into account the short SL 1 to 10.
Target: 194.318 - 211.073
After a strong downward impulse and correction, the downward movement did not continue, which may indicate the end of the correction movement, if you look at the timeframe on W1 and the resumption of growth.
On D1, the price formed a 3-wave structure through a triangular correction, which can give an upward movement to the levels to update ATH. You can also take into account the size of the position taking into account the short SL 1 to 10.
Target: 194.318 - 211.073
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