MAY 16 SIGNAL GBP/JPY ** SELL

MAY 16 SIGNAL GBP/JPY ** SELL: Review of GBP/JPY: analysis based on Price Action, Elliott and Kendall Stick. Price Action Analysis. profit in signal for you.free signal.

GBP/JPY**SELL
🌷🎓Waves ScoUt Forex🎓🌷
At :170.30
SL :170.68**Risk**38pips
TP :168.85**Reward**143pips🎯

MAY 16 SIGNAL GBP/JPY ** SELL: It has been in a rising price since 2023/05/16 and in this uptrend. which is in a uptrend line. it has hit this resistance line 3 times and has had a big drop each time.
The second time on 2023/05/16. he encountered this very strong resistance line.
And now it is at the price of . at which I entered the sale.
With a stop of, it is suitable for sale. and with a target of. which in this signal. if 100 pips is in profit, please put the stop at the entry price.

2. Elliott analysis :
   According to Elliott analysis, in wave b there is a stretched plate that has returned to 127% of wave a until now. and the beginning of wave c is that plate which will return at least 138% of wave b.

3- Candle stick analysis: In 1 hour. we see candles with long shadows

Review of gbp/jpy analysis based on Price Action, Elliott and Kendall Stick.

MAY 16 SIGNAL GBP/JPY ** SELL :ANALYSIS GBP/JPY

Review of analysis based on Price Action, Elliott and Kendall Stick.

analysis
1- Price Action Analysis:
It has been in a rising price since . and in this uptrend. which is in a uptrend line. it has hit this resistance line 3 times and has had a big drop each time.

Elliott analysis: GBP/JPY
According to Elliott analysis, in wave b there is a stretched plate that has returned to 127% of wave a until now. and the beginning of wave c is that plate which will return at least 138% of wave b.
3- Candle stick analysis: In 1 hour. we see candles with long shadows