FOREXCOM:GBPJPY   British Pound / Japanese Yen
If we look closely into GJ chart we can see that this pair did a clear correction and impulse
When did impulse: When the price Clearly reached and touched the the support of Ascending Channel
When did correction: When the price reached clearly and touched the Resistance of Ascending Channel ;
If we take a look at previous correction and impulses of this pair, we can predict the future potential Correction and Impulse.
However I don't trade correction thus I will look to find another trade opportunities on another pairs, until the price reach Impulse zone in this pair! ;)

Good luck Traders!

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