Pound Yen, Short Long & Long Short

There's a high probability that it is forming a corrective structure (possibly a simple ABC) for the next impulse up.

So, for now, there's a nice flag just above a temporary local trend line in 1H chart, you can take a short term buy there and watch it closely to take profit in time and then look for a longer-term sell to complete the C wave of structure.

⚠️ This idea is for the next week, today I don't think it goes anywhere.

Happy Trading & stay green! ✌️

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💬 Please let me know your view about the idea

🔗 Check out the "Related ideas..." in the links below too

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🔹 Drawings on the chart which are marked by ❓ are hypothetical of a possible forming structure.

🔹 Areas marked by ❗️ on the charts are possible turning points or possible decision areas which are recommended to take into consideration.

📌 Kindly note that Forexian is not a signal provider. The published idea is ONLY our views and analysis of the market!
Forexian does not take any responsibility for your decisions and/or trades.

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

Short term buy hit the target 👍

การซื้อขายยังคงดำเนินอยู่:

The longer-term Sell

ความคิดเห็น:

SL moved to +50 (143.80)

ปิดการเทรด: ถึงเป้าหมายการทำกำไร: