FX_IDC:GBPJPY   British Pound / Japanese Yen
55 0 2
GBPJPY             is looking like a good long next week as it bounces off of the support created by the convergence of the 2nd and 3rd wave. We may see an expanding wedge set up here or a bounce up straight from the double bottom , either way be sure to put stop a safe distance away from 186.4 because there is a solid chance it my test it a few times before going up. I will be looking to scale out around 187.250 with an ultimate termination point around 287.65, while manually and conservatively raising my stop behind strong structure to lock in profits. Good luck ;)
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