November 5th, big drop in GBP/JPY! Early-month analysis correct! Reached the range!
【Pound Yen, a sharp plunge!】
Yesterday,
From the evening, the pound-yen fell about 300 pips.
A decline after retracing to the upper line of the price movement structure.
It was an environment prone to drops,
and it has fallen to the full extent of this month’s range.
Article from the beginning of the month, November 1
Shows several ranges for the month.
*The middle range starts near 156.10 around 156.50.
*It rose to a high of 156.49 but did not exceed 156.50, so it turned downward.
It has dropped to around 153.12, the bottom of the full-range near 153.00.
Well then,
today I will continue to analyze with Keikana Line.
*This article is preparatory analysis information to demonstrate the effectiveness of Keikana Line
*Those who have learned Keikana Line can compare with their own value flow analysis to learn
*Note: This is preparatory analysis information. It does not constitute a trading recommendation.