GBPJPY Buy Opportunity

2016年12月29日

Great Buy opportunity here, IF price action breaks out of the descending wedge. This confirms the initiation of a correction wave. Take profits and move stop loss up, leading to 61.8%. Confluence with diverging indicators, trade volume, patterns, key fib. levels, and E wave analysis. Wedge breakouts usually have volatile reversals and FOMC is coming up tomorrow. good luck may the force be with us!

2016年12月29日

交易开始

2016年12月30日

交易结束：到达目标

First target reached. The fib. levels are a bit different because of the hook after the breakout, so 38.2% has just been reached. Am going to wait for a pull back to take advantage of the next wave up, next week.