The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
A minor top-formation is developing in GBP/JPY. A corrective decline is expected in the coming days/weeks. As we saw a quick, simple, and very deep correction in wave ii/ we should expect a complex small correction in wave iv/ to the 23.6% at 150.10 and if broken we could see wave iv/ move closer to the 38.2% corrective target at 146.84 - less likely though.
A break below minor support at 153.14 will confirm that wave iv/ is underway for a corrective decline to 150.10 and maybe slightly lower to 149.41. Yet, the drop to the 38.2% corrective target at 146.80 seems less possible.
Trading recommendation:
Profit should have been taken near 154.80 peak if not then take profit here or upon a break below 153.14 for a decline to 150.10 where a new buying opportunity is expected for the next impulsive rally in wave v/
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
InstaSpot分析评论将让您充分了解市场趋势！ 作为InstaSpot的客户，您将获得大量的免费服务以实现有效的交易。
