wsbza

Potential sharp reversal

FX:GBPJPY   British Pound / Japanese Yen
A sharp reversal may happen, according to the wave count in green.
Potential downside target towards the origin of the ending diagonal at 135.595 (2017 April low)

Note
  • RSI failed to make new highs as price still pushing higher
  • alternative count in pink or white

Comment:
Comment: possible short-term wave count
Comment: potential 3 waves pull back
Comment:
Comment: possible re-test the end of pink wave iv at 150.93
Comment:
Comment: micro count seem bearish
Comment: retest pink wave iv resistance at 150.93?
Comment: pink wave ii ended at 154.046
Trade active: sell
Comment:
Comment: ugly triangle?
hi , good-morning

i need your advice please :

I have buy orders of different levels:

15377
15359
15310
15290
15270
15260
15240

Is there hope of ascension again?to 15377
thanks
Reply
wsbza SayidDahab
@SayidDahab, hard to predict the short-term trend, a push above 153.6 may lead to further up towards 154 then 154.5. I have no idea what's going to happen next, but if price follow the wave count i assumed, it should fall sharply in the next few months.
Reply
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