nikitafx
Long

GBP/JPY Big wedge breakout pattern (Nikita FX )

FX:GBPJPY   British Pound / Japanese Yen
204 0 3
GBP/JPY             is now trying making its Big wedge breakout.
Big wedge bottom line: 188.97---184.99---127.56 (Sep.02 2016)
Big wedge upper line (Green): 186.35---175.02---129.92 (Sep. 02 2016)
Big wedge upper second line (Blue ): 186.35---162.82---141.29 (Sep. 02 2016)

GBP/JPY             has already recovered being above 117.28---118.78 Line. As far as being above
117.28---118.78 Line, it should make a breakout thru Big wedge upper second line (Blue ) in
near future.

Initial breakout target will be at 161.02 ( if a breakout at 139.15 on Sep.15).

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