GBPJPY: Turn out that wave 3 is not finished yet

Traders:

We were saying that GBPJPY was about to up for 200 pips.

And now GJ movement seems to tell us that this is long long long wave 3 which is not finished yet.

And still a good place to short it too.

The short trade has 400 pips ahead.

Less is more!

Trade active

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139

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60 pips for now.

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80 pips for now.

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128-132 IS OUR TP ZONE.

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attention: GBPJPY is about to drop.

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tp1 136
tp2 132

you can enter right now with still 100 pips sl.

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we entered at 139.1
now making 70 pips/

Trade closed manually

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closed at 137.8.
130 pips for the short trade totally.

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GU is now technically pulling back , and UJ now is turning into a new reversal channel. so we would have to stop the short trade on GU for a while.

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we did end the short trade 2 days again( pls check the update above).

and missed the best entry to LONG GJ.

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