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glennmercer
Apr 18, 2018 11:30 AM

GBPJPY Elliott Wave Count: Potential Wave-C to Bat Short

British Pound/Japanese YenFXCM

Description

Looks like the CPI numbers put the pound into a deeper drop to start a potental wave-C. There is likely more to come.

Trade closed manually



I am more comfortable closing this with a small profit. Looks like a potentially completed ABC and small win is less risky. Looking at bullish AUDJPY with weakness displayed in the yen.
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