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bigboyzaid

UPDATE ON GBPJPY (ANOTHER POSSIBLE IDEA)

British Pound / Japanese Yen (FX:GBPJPY)  
bigboyzaid  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Wave Analysis Chart Patterns elliotwaveanalysis GBPJPY gbpjpyshort gbpjpyanalysis gbpjpyprediction gbpjpyforecast Forex wavetheory
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trendanalysis waveanalysis chartpattern elliotwaveanalysis gbpjpy gbpjpyshort gbpjpyanalysis gbpjpyprediction gbpjpyforecast forex wavetheory
WAVE W AND WAVE X HAVE BEEN COMPLETED.

We are currently the wave Y of Wave 4 in the higher degree. There is a possibility that entirety of Wave 4 is not a triangle and we could just be forming a WXY pattern. After analysing the pair, we could potentially form a smaller triangle as an X to then give us an Y to the downside taking out previous lows.

Let me know what you guys thinks. God bless!

Related Ideas

bigboyzaid
! CALLING ALL ELLIOT WAVE TRADERS (GBPJPY ELLIOT WAVE COUNT) !
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