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peterdcharlebois

GBPJPY Long is it breaks the trend line

Long
British Pound / Japanese Yen (FX:GBPJPY)  
peterdcharlebois Updated   
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY gbplong Elliott Wave elliottwaveretracement jpy GBP
2
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gbpjpy gbplong elliottwaves elliottwaveretracement jpy gbp
To me the GBPJPY has been correcting it's huge move up, from Jan 2012 to June 2015 - The question is... is the correction over or do we need another zigzag and wave C. Right now I think a break of the first trend line and target the second one.
Comment:
Has not made a DAY close above the trendline....

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