FX_IDC:GBPJPY   British Pound / Japanese Yen
I can see a bigger wave 2 forming in red and a 3 wave forming in blue.
What enforces the move up it is the 61% of retracement of wave 1 in red and 161% of wave 3 in blue.
They are exactly in the same price zone.

Let's see now

Good luck
Trade closed: target reached: Morning gaps are the best.

I had a trade opened with a TP at 138.300 and this morning NZ time TP was reached.
I will see the market for a couple of hours and place another sell at the gap and then go down to 134.800
Comment: very annoyed that my trade didn't get triggered.
I had placed entries at 61.8% and the price didn't go there. I was reluctant in getting on board at 50% because most of the time price comes back to test that area.