lawlee9
Long

GBPJPY - 5 wave and correction completed

FX:GBPJPY   British Pound / Japanese Yen
Looking for prices to go long term long from here on out. Buy on the dips. Price made a deep retracement into the 88.6% to finish off the correction. If you notice, price broke out of a small ascending trendline in the process, but shot back up above it. Seeing divergence at the 61.8%, and a possible down move back into the 78.6%. This would retest that ascending trendline where price printed a fake break. From there we should be off to higher highs.
Trade closed: target reached
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