LONG gbpjpy Long

BRITISH POUND / JAPANESE YENICE

Description

⋅ Jan 12, 2017 1:44 AM

I can see a 2nd (in red ) wave degree in a bigger picture which is still forming and a 3rd wave ( in blue ).
Coincidentally which enforces my idea is that 61% retracement of the bigger wave 1 in red is exactly where the 3rd wave extension 161% is.

Let's see now

Good luck.