WSM

GBP/JPY BEARISH PATTERN

FX:GBPJPY   British Pound/Japanese Yen
52 3 0
stay with me the next idea
dear glenn thanks for the information i am completely agree with you and if you checked my comment it says stay with me the next idea and that's my next idea
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At a glance.
I'd say D should be where "B" is, and this is the bear leg. .
So Fib that retrace, where you have BC.
And go from there.
DB here and confirmation would be 177.50 area.
You do have some RSI Divergence by the looks.
And you need an Elliott count.
IMO.

Glenn
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WSM Iskandarglenn
dear glenn thanks for the information i am completely agree with you and if you checked my comment it says stay with me the next idea and that's my next idea

Reply
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