DavidMoss
Short

Elliot wave principle reaching a target fib level 76.

FX:GBPJPY   British Pound / Japanese Yen
11 0 0
On an hourly chart there is a fantastic elliot wave example. However price has run in to a small time frame fib level and bullish harmonic pattern .

I am still taking a short trade as I believe the higher timeframes will over power the bias on the smaller frames.
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