2018.9.21 Yesterday's GBP/JPY scenario.
GBP/JPY Forecast: Using Indicator and Market Principles
Please note that this article is a single article sale.These market principles (indicators and EAs) can display chart patterns such asFlag,Pennant, ranges, andTriangle consolidation, as well as Elliott wave patterns and target rates on the chart.
Now, on the right side of the chart, let's check how it is displayed.
GBP/JPY 4-hour Chart Generated by Indicator and Market Principles
Similar to yesterday, the price is rising toward the target rate of the third wave of the Elliott wave, while being capped by the "line that is watched at the upper level."
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