TradingView
Linton_White
Jul 26, 2018 8:09 AM

GBPJPY Bearish Corrective Structure Short

British Pound/Japanese YenFXCM

Description

My previous analysis on GBPJPY
has played out exactly as expected.

We are currently in a smaller corrective structure which will complete wave 4 on the larger time frame when it breaks. The corrective structure could break now or alternatively we could see one more wave up before the downside break.

Comment

Initial Target to the bottom of the structure was reached.

Contact me via direct message for further analysis.

Happy trading!
Linton

Trade closed: target reached

Target Achieved
Comments
MALIK123
what do think for gbpjpy next week ?
Linton_White
@MALIK123, I am still expecting to see some more downside before we will see whether the larger structure will break or whether we get one more wave up.
More