DarthTrader666
Short

Gbps Jpy: the south is waiting

FX:GBPJPY   British Pound/Japanese Yen
188 2 4
Hello People,
Gbp Jpy has made a strong up way, with five waves. Also my impression is, this was a trend and he comes to end. Also there is a zone to get a corrective short move. The wave number 5 isn´t ready, Therefore i´m waiting with the enter.
Wich upper wave is created?? the long market price is in the upper wave either a wave c or a wave 1-a. At both option the market price has to be go down.
May the force be with you:-)
gosuden21
7 months ago
5th wave complete?
Reply
DarthTrader666
7 months ago
yes it seems to be. the high reached exactly the 0,61% of the length of start wave 1 to end wave 3.
the short move arrived the 38 retracement and wave a looks like a Trend (1-2-3-4-5).
Reply
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