GBP/JPY had already achieved its breakdown with 2 parallel channel bottoms.
1st one is Purple channel zone.
2nd one is Green channel zone.
Since 116.82, major-5 waves already topped out at 180.69.
Since 180.69, wave-3 bottom had already met at 168.00. Since then wave-4 is
going on which will retrace Fib.38.2% to 172.86. And then wave-5 is coming down
to the Black Wolfe Line (162.75 in the end of Nov.)
Nikita FX (climbingfx.jugem.jp/)
1st one is Purple channel zone.
2nd one is Green channel zone.
Since 116.82, major-5 waves already topped out at 180.69.
Since 180.69, wave-3 bottom had already met at 168.00. Since then wave-4 is
going on which will retrace Fib.38.2% to 172.86. And then wave-5 is coming down
to the Black Wolfe Line (162.75 in the end of Nov.)
Nikita FX (climbingfx.jugem.jp/)