Phils_Ocean

GBPJPY Wave Analysis - Prepare for fall

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY reached its sell zone! Have a look at my analysis to see the power of elliott wave theory.

We have:
  • 5-Waves to resistance
  • 50% Fibonacci level
  • Wave 5 = Wave 1
  • Third touch of upside trendline
  • Double Bar candlestick pattern



This is no investment advice. Just for educational purpose!
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